4803 E Johnson Ave - Medical FOR SALE


Jonesboro, AR 72401
$2,160,000 USD
870-336-8000
4803 E Johnson Ave, Jonesboro, AR for Sale
$2,160,000 USD
Medical - FOR SALE
1/10
null | 7.5% Cap Rate

4803 E Johnson Ave
Jonesboro, AR 72401


HIGHLIGHTS

  • A+ Medical Corridor Location
  • Strong Traffic & Visibility
  • Stable Medical Related Tenant
  • Recent Capital Improvements

OVERVIEW

This 5,000 square foot medical office building is strategically positioned directly across from the $400 million NEA Baptist Regional Hospital campus, one of Northeast Arkansas's premier healthcare hubs. Located along E. Johnson Avenue, with traffic counts exceeding 33,000+ vehicles per day, the property benefits from outstanding visibility, accessibility, and proximity to a rapidly expanding concentration of retail, restaurant, and medical development. The building currently has a brand new lease to AIM Academy, proving stable occupancy within a high-demand medical corridor that desperately needed a high-end childcare center. The existing lease structure offers dependable income with a 10-year primary term and extension options, making the property attractive to investors seeking a healthcare-oriented asset in a strong regional market, great location, and runway of opportunity for the future. Recent capital improvements, including a new roof, exterior paint, and a complete new buildout have been completed in the past 24 months.

FOR SALE DETAILS

PRICE

$2,160,000 USD

PRICE/SF

$432 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5,000 SF Medical Space

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

C-3

APN/PARCEL ID

01-144112-12600

ASK ABOUT THIS PROPERTY

Nathan EllerHaag Brown CommercialMore Info
870-336-8000

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Nathan EllerHaag Brown CommercialMore Info
870-336-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.