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Executive Summary

This fully-occupied, three-tenant retail center at 405 Southwest Dr is anchored by a solid mix of national and regional tenants with a long history of occupancy at the site. The regional restaurant tenant recently executed a long-term, absolute triple net lease renewal, reinforcing the center's stability and income durability. The property features drive-through windows on both end caps and a tall, multi-tenant pole sign fronting the highway for maximum visibility. With traffic counts of approximately 22,000 VPD on Southwest Dr and affordable in-place rents, this asset will always be attractive to future tenants seeking a high-exposure location with excellent access. This is a compelling opportunity for an investor seeking dependable, long-term income backed by proven tenant retention.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
5,270 SF
Building Class
B
Year Built
2005
Price
$1,358,925 CAD
Price Per SF
$257.86 CAD
Cap Rate
8%
NOI
$108,714 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,270 SF
Building FAR
0.26
Lot Size
0.46 AC
Zoning
C-1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
01-144302-30600
Land Assessment
$43,095 CAD
Improvements Assessment
$136,446 CAD
Total Assessment
$179,541 CAD
  • Listing ID: 41319304

  • Date on Market: 2026-07-16

  • Last Updated:

  • Address: 405 Southwest Dr, Jonesboro, AR 72401

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