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317 Southwest Dr 3,200 SF 100% Leased Office Building Jonesboro, AR 72401 $700,000 ($218.75/SF)
Investment Highlights
- Multi-tenant office investment in growing Jonesboro corridor
- Stable income
- Strong fit for passive ownership or 1031 exchange
- Small deal size with high-quality professional tenants
- Future rent growth opportunities
Executive Summary
Haag Brown Commercial Real Estate & Development is pleased to present the opportunity to acquire 317 Southwest Drive, a well-located, small-bay professional office property in one of Jonesboro's established and steadily growing commercial corridors.
This offering represents a rare combination of deal size and tenant quality, providing investors the ability to purchase a highly functional, income-producing asset at an accessible point - something increasingly difficult to find in today's market.
The property is occupied by a strong mix of professional service tenants, including a long-standing oral practice and a professional law office. With stable tenancy, contractual rent, and a location surrounded by ongoing growth and development, this is an ideal opportunity for both new and seasoned investors seeking durable cash flow in Northeast Arkansas.
This offering represents a rare combination of deal size and tenant quality, providing investors the ability to purchase a highly functional, income-producing asset at an accessible point - something increasingly difficult to find in today's market.
The property is occupied by a strong mix of professional service tenants, including a long-standing oral practice and a professional law office. With stable tenancy, contractual rent, and a location surrounded by ongoing growth and development, this is an ideal opportunity for both new and seasoned investors seeking durable cash flow in Northeast Arkansas.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,200 SF
Building Class
B
Year Built
2007
Price
$700,000
Price Per SF
$218.75
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.37
Lot Size
0.20 AC
Zoning
C-3
Parking
9 Spaces (2.81 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Plug & Play
- Reception
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Nst Law Injury Attorneys
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Nst Law Injury Attorneys | Professional, Scientific, and Technical Services | - | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 01-144302-39100 | Improvements Assessment | $92,152 |
| Land Assessment | $17,424 | Total Assessment | $109,576 |
Property Taxes
Parcel Number
01-144302-39100
Land Assessment
$17,424
Improvements Assessment
$92,152
Total Assessment
$109,576
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317 Southwest Dr
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