Listed by Marcus & Millichap - San Diego, Colliers - Little Rock, Arkansas
$8,227,388
PEDIATRICS PLUS | LONG TERM LEASE | 3% ANNUAL INCREASES
Details
APN 700-09800-002
Property Type Retail, Office
Sub Type Day Care/Nursery, Medical Office
Square Footage 25,507
Units 1
Cap Rate 7.35%
NOI $604,713
Tenancy Single
Lease Type NN
Lease Expiration 12/23/2039
Remaining Term 13.4
Rent Bumps Yes
Class A
Year Built 1984
Year Renovated 2024
Stories 1
Acreage 2.900
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/310685/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. Largest Facility by Sq.Ft. Fully Renovated 2024. Flagship-caliber Location in the Fort Smith MSA.
- Strategically Located along Alma Highway, a Primary Retail and Commuter Corridor with Strong Daily Traffic Counts, providing Excellent Visibility, Accessibility, and Consistent Exposure.
- Established Pediatric Therapy provider Offering Applied Behavior Analysis, Occupational Therapy, Speech Therapy, and Physical Therapy, creating Multiple Revenue Streams and Strong Demand from Families Seeking Integrated Care Solutions.
- 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. Situated in Van Buren, a Rapidly Growing Submarket benefiting from Northwest Arkansas Spillover Growth, Industrial Expansion, and increasing Residential Development Driving Long-Term Economic Strength.
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
$604,713.00
$50,392.75/mo
Valuation Metrics
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DSCR
7.35%
Cap Rate
7.35%
ROI
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