Cushman & Wakefield | Sage Partners is pleased to exclusively offer for sale a multi-tenant, Class A medical office building located in the heart of West Little Rock’s highly sought-after Chenal Valley submarket. The offering represents the sale of the leasehold interest in the improvements only, with the property subject to an existing ground lease. The investment provides a value-add opportunity to acquire a high-quality medical asset at or below replacement cost, through the lease-up of existing availabilities, with the added flexibility to accommodate an owner-user through occupancy of available space.
The ±42,636 square foot property is surrounded by other Class A medical, retail, and office users and is anchored by a strong roster of healthcare tenants, including St. Vincent Breast & Mammography Screening Center, St. Vincent Imaging, Pinnacle Dermatology, Arkansas Pediatrics, and Edwards Family Dentistry.
The property is strategically positioned just off Chenal Parkway, which sees approximately 36,000 vehicles per day, and is less than five miles from Interstate 430. Additionally, the site is immediately adjacent to The Promenade at Chenal, one of Central Arkansas’ premier retail destinations, further supporting tenant demand and long-term occupancy.