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2815 Longview Dr 4,580 SF Office Building Jonesboro, AR 72401 $1,225,000 ($267.47/SF) 8.66% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Established strong lease on the property.
  • Turnkey condition and quality construction.
  • Great low management investment opportunity.
  • Located in the well-established Windover Office Park.
  • Just minutes away from exciting new developments.

EXECUTIVE SUMMARY

2815 Longview Dr. in Jonesboro, AR, represents a compelling investment opportunity in the heart of a vibrant and growing community. The property is surrounded by a growing residential and commercial community, offering ample opportunity for business expansion. Just a couple streets over, exciting new projects such as, The Promenade at Reedmont and the Ridge Athletic Center, are under construction increasing traffic to the area.
Originally built-out for a medical office, this property is equipped with essential amenities and infrastructure, it can support a wide range of business operations.
With property’s favorable location and continued growth prospects, the property is well-positioned to deliver attractive returns for discerning investors. Don't miss out on this chance to capitalize on the dynamic commercial real estate market in Jonesboro. Contact us today for further details and to schedule a viewing.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,580 SF
Building Class
B
Year Built
2005
Price
$1,225,000
Price Per SF
$267.47
Cap Rate
8.66%
NOI
$106,110
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,580 SF
Building FAR
0.15
Lot Size
0.69 AC
Zoning
C-3 - General Commercial District
Parking
26 Spaces (5.68 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Central Heating
  • Partitioned Offices
  • Reception
  • Recessed Lighting
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144293-09700
Land Assessment
$35,544
Improvements Assessment
$143,061
Total Assessment
$178,605
  • Listing ID: 29341450

  • Date on Market: 8/22/2023

  • Last Updated:

  • Address: 2815 Longview Dr, Jonesboro, AR 72401

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