Great Tenant Credit Investment - Acrisure Ins | 2121 Harrison St
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Great Tenant Credit Investment - Acrisure Ins 2121 Harrison St
2,355 SF Office Building Batesville, AR 72501 $450,000 ($191/SF) 7.40% Cap Rate
Investment Highlights
- A+ location in a growing market
- Meaningful traffic count exposure
- Highly sought after area to own
- Significantly below replacement cost
- Surrounded by major development
- Global Tenant
Executive Summary
Acrisure is a leader globally in the insurance industry. They have a presence in more than 21 countries, with 17,000+ employees, and revenues approaching $5Billion.
This property is ideally located between Walmart Supercenter and Hobby Lobby along the primary thoroughfare in Batesville, AR. It is surrounded by some of the top restaurants and retailers in the area, including Home Depot, Aldi, Freddy’s, and Casey’s General Store. Additionally, the site is just down the street from the new First Community Bank headquarters. Offering prime real estate, this location benefits from high visibility with over 24,000 cars per day on North Saint Louis and more than 9,000 cars per day on Harrison Street. As Batesville continues to experience significant growth, this site presents an excellent opportunity.
This property is ideally located between Walmart Supercenter and Hobby Lobby along the primary thoroughfare in Batesville, AR. It is surrounded by some of the top restaurants and retailers in the area, including Home Depot, Aldi, Freddy’s, and Casey’s General Store. Additionally, the site is just down the street from the new First Community Bank headquarters. Offering prime real estate, this location benefits from high visibility with over 24,000 cars per day on North Saint Louis and more than 9,000 cars per day on Harrison Street. As Batesville continues to experience significant growth, this site presents an excellent opportunity.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
2,355 SF
Building Class
B
Year Built
1990
Price
$450,000
Price Per SF
$191
Cap Rate
7.40%
NOI
$33,286
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,355 SF
Building FAR
0.15
Lot Size
0.35 AC
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PROPERTY TAXES
| Parcel Number | 1102781000C | Improvements Assessment | $41,830 |
| Land Assessment | $16,190 | Total Assessment | $58,020 |
PROPERTY TAXES
Parcel Number
1102781000C
Land Assessment
$16,190
Improvements Assessment
$41,830
Total Assessment
$58,020
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Great Tenant Credit Investment - Acrisure Ins | 2121 Harrison St
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