Log In/Sign Up
Your email has been sent.
2524 Alexander Dr 18,476 SF 100% Leased Office Building Jonesboro, AR 72401 $1,950,000 ($105.54/SF) 7.21% Cap Rate
Executive Summary
Offered at under $2 million, this well-positioned office property presents a rare chance to acquire a stable, income-producing asset in one of Jonesboro's most desirable professional areas.
Established Success: Located in a quiet, high-quality office development surrounded by medical & professional users, this property has a proven history of strong occupancy.
Strong Tenancy: Long-term leases in place with quality tenants provide secure, predictable income.
Attractive Returns: Offered at a compelling cap rate, this property balances cash flow & stability, making it a smart addition to any portfolio.
Prime Location: Just off the interstate, the site offers convenient access while maintaining a professional, campus-like environment.
This is a rare sub-$2MM investment opportunity combining location, stability, & strong returns in a thriving regional market.
Established Success: Located in a quiet, high-quality office development surrounded by medical & professional users, this property has a proven history of strong occupancy.
Strong Tenancy: Long-term leases in place with quality tenants provide secure, predictable income.
Attractive Returns: Offered at a compelling cap rate, this property balances cash flow & stability, making it a smart addition to any portfolio.
Prime Location: Just off the interstate, the site offers convenient access while maintaining a professional, campus-like environment.
This is a rare sub-$2MM investment opportunity combining location, stability, & strong returns in a thriving regional market.
Property Facts
Sale Type
Investment
Property Type
Building Size
18,476 SF
Building Class
B
Year Built
2010
Price
$1,950,000
Price Per SF
$105.54
Cap Rate
7.21%
NOI
$140,595
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,238 SF
Building FAR
0.06
Lot Size
7.47 AC
Parking
40 Spaces (2.16 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Continental Computer Specialties Inc
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Continental Computer Specialties Inc | Information | - | - | - |
1 1
Property Taxes
| Parcel Number | 01-143252-01207 | Improvements Assessment | $274,090 |
| Land Assessment | $35,418 | Total Assessment | $309,508 |
Property Taxes
Parcel Number
01-143252-01207
Land Assessment
$35,418
Improvements Assessment
$274,090
Total Assessment
$309,508
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2524 Alexander Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.