Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
$6,195,036
PEDIATRICS PLUS | LONG TERM LEASE | 3% ANNUAL INCREASES
Details
APN 43N-008.03-002.00
Property Type Retail, Office
Sub Type Day Care/Nursery, Medical Office
Square Footage 16,461
Units 1
Cap Rate 6.85%
NOI $424,360
Tenancy Single
Lease Type NN
Lease Expiration 05/23/2039
Remaining Term 12.9
Rent Bumps Yes
Class A
Year Built 2000
Stories 1
Acreage 5.090
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Leading Pediatric Healthcare Provider with a Growing Multi-State Platform
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE: https://themansourgroup.com/properties/310683/pediatrics-plus
Investment highlights
- Long Term Lease Featuring Above Average 3.0% Annual Rental Increases throughout the Initial Term and Options.
- Pediatrics Plus is a Leading provider of Pediatric Therapy Services Operating across Multiple States. Established Location with Strong Operational History.
- Positioned Along Northshore Drive in a Recognized Medical Node Anchored by Baptist Health Medical Center-North Little Rock and Arkansas Surgical Hospital, supporting Consistent Daytime Population.
- Strong Alignment with Government-Backed Healthcare Programs including Medicaid and ARKids First, Supporting Reimbursement Stability and Accessibility for a Broad Patient Base Across Arkansas Markets.
- Pediatric Therapy Services are Essential, Needs-based Healthcare - not Discretionary. These Facilities serve Children with Developmental and Rehabilitation needs, creating Deeply Embedded Tenant Demand that Persists through Economic Cycles.
- Benefits from Consistent Demand Supported by Early Intervention Programs, as Pediatric Therapy Services are Often Prescribed Long-Term, Resulting in Recurring Patient Visits, High Utilization Rates, and Stable Revenue Generation.
- Operates within the Rapidly Growing Pediatric Behavioral Health Sector, driven by increased Awareness and Diagnosis of Autism Spectrum Disorder and Developmental Delays across the United States supporting Long-Term Growth.
- Convenient Access to Interstate 40 and Interstate 430, allowing Efficient Connectivity Across the Little Rock Metropolitan Area and Surrounding Regional Population Centers throughout Central Arkansas. Located within the Little Rock-North Little Rock–Conway Metropolitan Statistical Area - Exceeding 750,000 Residents, serving as the Economic and Healthcare Hub for the State of Arkansas and Surrounding Regions.
Listing Contacts
Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$424,360.00
$35,363.33/mo
Valuation Metrics
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DSCR
6.85%
Cap Rate
6.85%
ROI
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