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154 Cornerstone Ln

7,038 SF Office Building Hot Springs, AR 71913 $2,200,000 ($313/SF) 6% Cap Rate

Investment Highlights

  • 100% occupied.

Executive Summary

154 CORNERSTONE HOT SPRINGS AR DOUBLE NN LEASE - TENANT HOPE BRIDGE AUTISM THERAPY CENTERS
Excellent Medical Tenant Commercial NN Lease. Located within the CORNERSTONE MARKET PLACE, hosting Anchor Tenants Lowes and Office Depot, TJ Maxx, Belks- Center is 335,000 SF. Prime Positioning at Central Avenue (US Hwy & Martin Luther King, Jr Expressway.
Built 2012. 7,038 SF. 1.57 Acre. 63 Parking Spaces. $12,444 Month Rent Amount. Excellent Investment. Fully-occupied property for sale.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,038 SF
Building Class
A
Year Built
2012
Price
$2,200,000
Price Per SF
$313
Cap Rate
6%
NOI
$132,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,038 SF
Building FAR
0.10
Land Acres
1.57 AC
Zoning
Commercial - Commercial
Parking
63 Spaces (8.95 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400-12410-001-000
Land Assessment
$23,550
Improvements Assessment
$128,050
Total Assessment
$151,600
  • Listing ID: 33276547

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 154 Cornerstone Ln, Hot Springs, AR 71913

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