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800 S Church St - Medical Arts Professional Building 3,744 SF Office/Medical Condo Unit Offered at $942,246 CAD in Jonesboro, AR 72401
INVESTMENT HIGHLIGHTS
- New 5yr Lease | 2025 - 2030
- Located on the Matthews Medical Mile.
- Located in the Heart of Downtown Jonesboro.
- Ample parking surrounding the building.
EXECUTIVE SUMMARY
Located in the heart of downtown Jonesboro, Arkansas, this property is a prime investment opportunity within the highly sought-after Matthews Medical Mile. Its strategic location offers excellent visibility and accessibility, making it ideal for medical or professional office use. Ample parking surrounds the building, providing convenience for tenants and visitors alike. With its strong leasing structure and placement in a high-demand area, this property offers long-term value and a solid return on investment.
PROPERTY FACTS
| Total Building Size | 52,244 SF | Typical Floor Size | 13,061 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Property Subtype | Medical | Lot Size | 1.62 AC |
| Building Class | B | Opportunity Zone |
Yes
|
| Floors | 4 | ||
| Zoning | C-2 | ||
| Total Building Size | 52,244 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 13,061 SF |
| Year Built | 2005 |
| Lot Size | 1.62 AC |
| Opportunity Zone |
Yes |
| Zoning | C-2 |
AMENITIES
- Central Heating
- Direct Elevator Exposure
- Partitioned Offices
- Air Conditioning
1 UNIT AVAILABLE
Unit 104
| Unit Size | 3,744 SF | Sale Type | Investment or Owner User |
| Price | $942,246 CAD | Cap Rate | 7.41% |
| Price Per SF | $251.67 CAD | NOI | $69,796.00 CAD |
| Condo Use | Office/Medical | APN/Parcel ID | 01-144191-35500 |
| Unit Size | 3,744 SF |
| Price | $942,246 CAD |
| Price Per SF | $251.67 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.41% |
| NOI | $69,796.00 CAD |
| APN/Parcel ID | 01-144191-35500 |
DESCRIPTION
This 3,744+ square foot office suite presents a prime investment opportunity. The property comes with a new five-year lease extending from 2025 to 2030, ensuring stability for investors. Its strategic location offers excellent visibility and accessibility, making it ideal for medical or professional office use.
SALE NOTES
Sale comes with 5 year lease.
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Perimeter Health Care |
-
|
Jan 0000
|
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800 S Church St - Medical Arts Professional Building
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