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19996652
19996653

528 Industrial Park Access Rd, Trumann, AR 72472

NE
AR EB 00077644
Haag Brown Commercial Real Estate and Development
JB
EB00063743
Haag Brown Commercial Real Estate and Development
Listed by Haag Brown Commercial Real Estate and Development
$2,209,800
1941 days on market
Updated 5 days ago

ARKids Pediatric Day Center

Details
Property Type Office
Sub Type Medical Office
Square Footage 8,450
Cap Rate 6.75%
NOI $149,160
Occupancy 100%
Tenancy Single
Lease Type NN+
Lease Term 12.1
Lease Expiration 05/31/2032
Remaining Term 6
Rent Bumps Yes
Price per SqFt $262
Class A
Year Built 2020
Acreage 1.260
Investment Type Net Lease
Lease Commencement 05/01/2020

NN+ ARKids Pediatric Day Center

Marketing description

Haag Brown Commercial is excited to offer a new construction and high-quality investment opportunity with a long-established tenant, Arkids Pediatric Day Centers. Since the building's completion in 2020, Arkids has occupied the property and has 8 years remaining on the initial term lease. *This lease is personally guaranteed.

Surrounded by some of the market's largest businesses (including Walmart, Tractor Supply Co., Unico Bank, and NEA Baptist Clinic) the site sits within, what we believe to be, the largest retail development in Poinsett County, serving approximately three times the city's population on average. The property also has excellent frontage to Interstate 555 and yields a total exposure to 21,100 cars per day.

Sitting just North of the site is Trumann's newest 140-acre mixed- use development, Steel Creek, which will feature Class A office and retail space, restaurant out parcels, themed single-family housing, amenity-rich multi-family housing, and a potential event venue. The development will also feature a several-mile-long trail system that will connect all of Trumann and improve walkability around the area. Currently under construction is Roach Conveyor's newest 80,0000-square-foot Distribution Center project, which has an estimated delivery date of Q4 2024.

With development continuing to trend out to this area (including a new Platinum Trailer Group Facility and new restaurant, La Cascada), the site is well-anchored and perfect for forward- thinking investors looking for low management and a dynamic tenant in one of the best areas in the market.

Investment highlights

  • Largest Retail Development in the County

  • Anchored by Walmart Supercenter

  • Supports 3x the City's Population

  • Beside Wal-Mart Super Center

  • Direct Access & Exposure to I-555

  • Exposure to 21,100 CPD

Listing Contacts

NE
AR EB 00077644
Haag Brown Commercial Real Estate and Development
JB
EB00063743
Haag Brown Commercial Real Estate and Development
Listed by Haag Brown Commercial Real Estate and Development

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$149,160.00
$12,430.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Nathan Eller
License
EB 00077644
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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