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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 | - | - | - |
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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
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2524 Alexander Dr
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