$3,046,000 USD
972-755-5205
1340 S Waldron Rd
Fort Smith, AR 72903
Fort Smith Northside
HIGHLIGHTS
- Corporate-Backed Double Net Lease With 9.4 Years Remaining | Rent Increase Scheduled in 2030
- 2024 Renovation With Nearly $2 Million in Capital Investment Plus Supplemental Warehouse Income
- 9.28-Acre Parcel With Future Development Potential
- Proximity to Central Mall – Arkansas’ Largest Enclosed Mall (90+ Stores)
- Regional Access via Interstate 540 (51,622 VPD)
- 117,998 Daytime Population Within Five Miles Driven by Hospitals, University, and Government Offices
OVERVIEW
Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Miracle Kids in Fort Smith, AR. The property consists of a 36,136-square-foot, freestanding building that sits on approximately 9.28 acres of land. There are 9.4 years remaining on the lease with rental increases.
Steve Greer 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 P: (225) 376-6729 Lic #: PB00098133
FOR SALE DETAILS
PRICE
$3,046,000 USD
PRICE/SF
$85 USD /SF
CAP RATE
7.7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Miracle Kids (2024 Renovation)
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
226
LAND DETAILS
LAND ACRES
9.28 AC
LAND SF
404,237 SF
ZONING
none
APN/PARCEL ID
18883-0000-01041-00
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972-755-5205
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972-755-5205
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