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31733187
31733188

2910 Cypress Rd, Arkadelphia, AR 71923

KC
MI 6501384480
Fortis Net Lease
PG
6501447495
Fortis Net Lease
Listed by Fortis Net Lease
$559,000
54 days on market
Updated 1 day ago

Owner-User Fully Renovated Medical Office Building

Details
Property Type Office
Sub Type Medical Office
Square Footage 4,976
Net Rentable (SqFt) 4,976
Pro-Forma Cap Rate 10.68%
Pro-Forma NOI $59,712
Price per SqFt $112
Broker Co-Op Yes
Year Built 2005
Year Renovated 2020
Buildings 1
Stories 2
Acreage 0.770
Investment Type Owner/User
Ownership Fee Simple

Owner/User or Investment Medical Office

Marketing description

Fortis Net Lease is pleased to present this freestanding, owner-user or investment medical office property located within Woodland Medical Park in Arkadelphia, Arkansas.

The property offers 4,976 square feet of leasable space, featuring six private offices, a shared lobby, reception area, and break room. Ample on-site parking is available, and the property is conveniently situated near Baptist Health Medical Center, making it an ideal location for healthcare providers.

This asset represents a compelling value-add opportunity, delivered vacant to provide investors and owner-users with maximum flexibility to reposition, re-lease, or immediately occupy the space. There is strong potential to lease the property to local or regional healthcare tenants seeking outpatient facilities.

This is an excellent opportunity for medical or professional service users seeking high-quality space in a strategic and accessible location.

Investment highlights

Highly upgraded office building with 6 separate offices all built out for medical or related uses. No expense spared on this custom build.

Upstairs, 2nd floor 900 sq.ft. apartment with kitchen, laundry room, dressing room with lockers and two bathrooms, one with shower.

Parking lot has 25 spaces that meets medical office min. requirements.

Listing Contacts

KC
MI 6501384480
Fortis Net Lease
PG
6501447495
Fortis Net Lease
Listed by Fortis Net Lease

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