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800 E Main St
Russellville, AR 72801
Office Property For Sale
EXECUTIVE SUMMARY
This exceptional 24,000 sq ft professional office investment is located in downtown Russellville with East Main visibility. This building is divided into two, 12,000 sq ft sides. Both have been updated and are in excellent condition with great rental history. Roof and parking lot have both been replaced in the last 3-4 years. Great space to occupy one side for owner occupied space and lease the other. Fully sprinkled and monitored. Financials and information available with signed CA.
Suite A has long term tenant
Suite B offers 30 private offices, 18 cubicles, break areas, conference rooms, and flex work space.
Ample parking with lighting situated on approximately 2 acres of ground.
Suite A has long term tenant
Suite B offers 30 private offices, 18 cubicles, break areas, conference rooms, and flex work space.
Ample parking with lighting situated on approximately 2 acres of ground.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
23,056 SF
Building Class
B
Year Built/Renovated
1970/2019
Price
$2,650,000
Price Per SF
$114.94
Cap Rate
7.50%
NOI
$198,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,000 SF
Building FAR
0.26
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2
PROPERTY TAXES
| Parcel Number | 758-00176-000C | Improvements Assessment | $191,160 |
| Land Assessment | $58,800 | Total Assessment | $249,960 |
PROPERTY TAXES
Parcel Number
758-00176-000C
Land Assessment
$58,800
Improvements Assessment
$191,160
Total Assessment
$249,960
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