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16 Opportunity Dr 7,600 SF Office Building Sheridan, AR 72150 $1,181,491 CAD ($155.46 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long term, secure government lease.
EXECUTIVE SUMMARY
Secure. Profitable. Ready to Perform.
This 7,542 sq. ft. commercial gem is more than space - it's turnkey income stream. Strategically positioned and currently secured with long-term government lease. This property delivers dependable revenue and immediate cash flow from day one. New roof in 2024.
Long-Term Government Tenant. Strong Existing Income Turnkey Investment in a Thriving Location.
Whether you're expanding a portfolio or seeking reliable passive income, Opportunity Drive lives up to it's name.
SECOND LOCATION ALSO AVAILABLE.
This 7,542 sq. ft. commercial gem is more than space - it's turnkey income stream. Strategically positioned and currently secured with long-term government lease. This property delivers dependable revenue and immediate cash flow from day one. New roof in 2024.
Long-Term Government Tenant. Strong Existing Income Turnkey Investment in a Thriving Location.
Whether you're expanding a portfolio or seeking reliable passive income, Opportunity Drive lives up to it's name.
SECOND LOCATION ALSO AVAILABLE.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
7,600 SF
Building Class
C
Year Built
1996
Price
$1,181,491 CAD
Price Per SF
$155.46 CAD
Cap Rate
7.50%
NOI
$88,612 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,600 SF
Building FAR
0.21
Lot Size
0.85 AC
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Public Administration
- -
- $13.04 CAD
- Plus Utilities and Cleaning
- Jun 2013
The Department of Human Services (DHS) is Arkansas’ largest state agency, with more than 7,400 employees working to ensure citizens are healthy, safe and enjoying a high quality of life. The agency’s skilled and passionate staff cares for Arkansans of all ages. Often, that means providing a safety net for their most vulnerable residents. Families or individuals facing difficult times may need assistance to get back on their feet. People needing support will find at least one local DHS office in each of the state’s 75 counties.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Public Administration | - | $13.04 CAD | Plus Utilities and Cleaning | Jun 2013 |
PROPERTY TAXES
| Parcel Number | 700-01688-004C | Improvements Assessment | $142,710 CAD |
| Land Assessment | $23,559 CAD | Total Assessment | $166,268 CAD |
PROPERTY TAXES
Parcel Number
700-01688-004C
Land Assessment
$23,559 CAD
Improvements Assessment
$142,710 CAD
Total Assessment
$166,268 CAD
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16 Opportunity Dr
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