Marcus & Millichap is pleased to present the opportunity to acquire the Advanced Interventional Pain Management condo unit, a 4,109-square-foot, single-tenant medical facility located at 1 Mercy Lane in Hot Springs, Arkansas. The tenant will sign a brand-new 5-year Triple Net (NNN) lease at the close of escrow, offering investors long-term, passive income backed by a corporate guaranty. The offering is priced at an 8.61% cap rate and includes 2.5% annual rent increases with four (4) five-year renewal options.
Strategically positioned within the established CHI St. Vincent Hot Springs medical campus, the property is located in the outpatient building directly connected to the hospital, creating a highly synergistic environment that enhances patient referral volume and tenant retention. The location also benefits from close proximity to U.S. Highways 270 and 70, providing excellent accessibility to patients traveling from neighboring towns and rural areas. Surrounded by major retailers, pharmacies, and medical service providers, the property lies within a dense and fluid healthcare and commercial corridor.
Founded and led by Dr. Jacob Abraham, a double board-certified interventional pain specialist and longtime Hot Springs resident, Advanced Interventional Pain Management has served Arkansas communities for nearly 25 years. In addition to its Hot Springs locations, the practice operates clinics in Hot Springs, Little Rock, Texarkana, El Dorado, Mena, Arkadelphia, and Fayetteville, positioning it as a regional leader in pain management.
Supported by a team of experienced physicians and advanced practitioners, the practice continues to experience strong demand driven by a growing and aging population. Their established presence and continued expansion underscore the tenant’s operational strength and commitment to the market.
This is a rare opportunity to acquire an outpatient medical facility with a multi-location operator, minimal landlord responsibilities, built-in rent increases, and a hospital campus location.