Property Description
Priced below appraised value! Multi-tenant office building with three tenants and a single tenant warehouse building for sale. 100% occupied with upside potential by increasing the rental rates to market value. The current proforma numbers support an 8.85% CAP rate at the current rents and a 10.75% CAP rate at market rent. A copy of the appraisal is available upon request.
Address Map
US
AR
Miller
Texarkana
71854
Jefferson Ave.
4415
71854
0
W95° 58' 13.3''
N33° 27' 57.4''
Multi-Tenant Office- Sold
4415 Jefferson Ave., Texarkana, Arkansas 71854
9,013 Sqft
$545,500
Listing ID #1030
Basic Details
Property Type : Office
Listing Type : Sold/Leased
Listing ID : 1030
Price : $545,500
Year Built : 1988
Square Feet : 9,013 Sqft
Acreage : 1.02 Acre