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2815 Longview Dr 4,580 sq ft Office Property Jonesboro, AR 72401 £916,337 (£200.07/sq ft) 8.66% Net Initial Yield
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.
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 Occupier
Property Type
Office
Property Subtype
Medical
Property Size
4,580 sq ft
Costar Property Class
B
Year Built
2005
Price
£916,337
Price per sq ft
£200.07
Yield
8.66%
NOI
£79,373
Tenancy
Single
Number of Floors
1
Typical Floor Size
4,580 sq ft
Plot ratio
0.15
Total Plot Size
0.69 ac
Use Class
C-3 - General Commercial District
Parking
26 Spaces (5.68 Spaces per 1,000 sq ft Leased)
AMENITIES
- Signage
- Central Heating
- Partitioned Offices
- Reception
- Recessed Lighting
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 01-144293-09700 | Improvements Assessment | £107,014 |
| Land Assessment | £26,588 | Total Assessment | £133,602 |
PROPERTY TAXES
Parcel Number
01-144293-09700
Land Assessment
£26,588
Improvements Assessment
£107,014
Total Assessment
£133,602
CONTACTS
-
Taylor Wilson -
Jerry L Halsey, Jr. -
Landon Wilson -
Halsey Thrasher Harpole Real Estate Group
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2815 Longview Dr
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