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1904 Evans Loop

2,400 SF 100% Leased Office Building Bryant, AR 72022 $329,000 ($137/SF) 8.73% Cap Rate

Investment Highlights

  • Mixed use retail and residential
  • NNN lease
  • Lots of parking

Executive Summary

Prime mixed-use commercial property for sale in Bryant! This 2-unit is fully renovated and completely turn key for the next investor. The ground unit is a stylish beauty salon with a full bathroom. The top unit features a charming 2-bed/1-bath apartment with new appliances. Both units are 1200 square feet and have annual NNN leases. Rental income is $2,400 total per month. Tenants pay all expenses. 7.2% cap rate. Schedule your private showing today! Listed by Beau Rush with eXp Realty (870-723-4523)
https://s.paragonrels.com/goto/Z83Hf1

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1983/2023
Price
$329,000
Price Per SF
$137
Cap Rate
8.73%
NOI
$28,728
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,200 SF
Building FAR
0.17
Lot Size
0.32 AC
Zoning
C-1
Parking
5 Spaces (2.08 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
840-14250-000
Land Assessment
$3,000
Improvements Assessment
$20,521
Total Assessment
$23,521
  • Listing ID: 31192756

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 1904 Evans Loop, Bryant, AR 72022

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