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31693684

409 South Illinois Avenue, Harrisburg, AR 72432

RS
CA CA 02136546, NV NV B.1003190.LLC
CP Partners
JA
CA 01440360
CP Partners
KD
CA DRE# 02095008
CP Partners
Listed by CP Partners
$270,000
52 days on market
Updated 52 days ago

Medic One

Details
Property Type Office, Special Purpose
Sub Type Medical Office, Ambulance facility
Square Footage 1,800
Cap Rate 8.00%
NOI $21,600
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Buildings 1
Acreage 0.240
Investment Type Net Lease
Ground Lease No

Long-Term Mission-Critical Healthcare Facility

Marketing description

The subject property features 2% annual rent increases beginning January 1, 2029, continuing through the remainder of the lease term. The asset is also strategically positioned adjacent to Harrisburg High School and just down from the main retail corridor.

Investment highlights

  • Mission Critical Facility: Company holds exclusive ambulance contract for the county
  • Attractive Lease Structure: Under the NN lease, the tenant bears responsibility for operating expenses including CAMs, taxes, insurance, utilities, and routine repairs. Landlord responsibility is limited to structural integrity (roof and structure) and HVAC replacement at failure.
  • Custom Facility: Unit includes beds, bathrooms, laundry, backup generators, is HIPPA compliant, etc.
  • Proven Operator: With a portfolio of 15+ active stations across Arkansas and Missouri, Medic One demonstrates both stability and a strong commitment to the markets it serves.

Listing Contacts

RS
CA CA 02136546, NV NV B.1003190.LLC
CP Partners
JA
CA 01440360
CP Partners
KD
CA DRE# 02095008
CP Partners
Listed by CP Partners

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$21,600.00
$1,800.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Scott Reid
License
AR LIC# PB00078916
Brokerage
ParaSell, Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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