5,000 SF Medical Space
Office | 7.50% CAP | 5,000 SqFt
Marketing description
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.
Investment highlights
- A++ Location - Directly Across from NEA Baptist Hospital Campus
- High Traffic Counts - 33,000+ Cars Per Day
- Across from NEA Baptist $400M Regional Hospital
- Phenomenal Medical / Office Building
- New Roof & Exterior Paint Q4 2024
- Available FOR LEASE & FOR SALE
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