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2524 Alexander Dr 18,476 SF 100% Leased Office Building Jonesboro, AR 72401 $2,722,044 CAD ($147.33 CAD/SF) 7.21% Cap Rate

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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.

ATTACHMENTS

OM

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
18,476 SF
Building Class
B
Year Built
2010
Price
$2,722,044 CAD
Price Per SF
$147.33 CAD
Cap Rate
7.21%
NOI
$196,259 CAD
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 - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-143252-01207
Land Assessment
$49,943 CAD
Improvements Assessment
$386,497 CAD
Total Assessment
$436,440 CAD
  • Listing ID: 38172474

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 2524 Alexander Dr, Jonesboro, AR 72401

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