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NNN Investment Opportunity in Highland, AR 1683 Us-62 4,940 SF 100% Leased Office Building Highland, AR 72542 $1,593,801 CAD ($322.63 CAD/SF) 7.49% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand new 5 year State Farm Lease
- Rent increase with West Rock lease extension
- West Rock Ortho lease with 4 years remaining
EXECUTIVE SUMMARY
High-Return Investment Opportunity: Prime Highway Frontage Property in Highland, Arkansas
This 4,940-square-foot commercial property in Highland, Arkansas presents a compelling investment opportunity with strong rental income potential and high visibility on a major highway. Currently leased to two reliable tenants—State Farm Insurance and West Rock Orthodontics — this property offers immediate cash flow with long-term leases in place, making it a low-risk addition to your real estate portfolio.
Investment Highlights:
Size: 4,940 sq. ft. of leasable space
Stable Income: Fully leased with reliable, long-term tenants
Highway Frontage: High visibility and easy access
Ample Parking: On-site parking for tenants and customers
Prime Location: In a growing community with strong demand for commercial services
This 4,940-square-foot commercial property in Highland, Arkansas presents a compelling investment opportunity with strong rental income potential and high visibility on a major highway. Currently leased to two reliable tenants—State Farm Insurance and West Rock Orthodontics — this property offers immediate cash flow with long-term leases in place, making it a low-risk addition to your real estate portfolio.
Investment Highlights:
Size: 4,940 sq. ft. of leasable space
Stable Income: Fully leased with reliable, long-term tenants
Highway Frontage: High visibility and easy access
Ample Parking: On-site parking for tenants and customers
Prime Location: In a growing community with strong demand for commercial services
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,940 SF
Building Class
B
Year Built
2015
Price
$1,593,801 CAD
Price Per SF
$322.63 CAD
Cap Rate
7.49%
NOI
$119,431 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,940 SF
Building FAR
0.11
Lot Size
1.05 AC
Parking
21 Spaces
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- State Farm
- Finance and Insurance
- -
- -
- -
- West Rock Orthodontics
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| State Farm | Finance and Insurance | - | - | - | ||
| West Rock Orthodontics | Health Care and Social Assistance | - | - | - |
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PROPERTY TAXES
| Parcel Number | 001-07077-005 | Improvements Assessment | $263,633 CAD |
| Land Assessment | $8,811 CAD | Total Assessment | $272,444 CAD |
PROPERTY TAXES
Parcel Number
001-07077-005
Land Assessment
$8,811 CAD
Improvements Assessment
$263,633 CAD
Total Assessment
$272,444 CAD
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NNN Investment Opportunity in Highland, AR | 1683 Us-62
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