4077 Elm Springs Rd - Medical FOR SALE
Springdale, AR 72762 |
$13,827,000 USD
720-604-2220
4077 Elm Springs Rd
Springdale, AR 72762
HIGHLIGHTS
- Located in the Northwest Arkansas MSA, a top 15 fastest growing MSA in the U.S. (Bentonville, Fayetteville, Springdale, and Rogers)
- Proven successful facility and practice evidenced by tenant’s recent lease renewal
- Net lease with 2% annual rental increases
- Recently constructed (2016) Class A 31,200 SF MOB utilized as a primary care doctor’s office and physical therapy center
- Tenant pays a Management Fee of 2% of Total Income (inclusive of recoveries) which is roughly $21K and not included in the NOI
- Positioned at a heavily trafficked signalized intersection (41,000 VPD) and just east of Interstate 49 (68,000 VPD)
FOR SALE DETAILS
PRICE
$13,827,000 USD
PRICE/SF
$444 USD /SF
CAP RATE
6.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Freeman Health NWA Medical Plaza
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
A
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
3.74 AC
LAND SF
162,914 SF
ZONING
C-1
APN/PARCEL ID
815-29800-010
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720-604-2220
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720-604-2220
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