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Income-Producing Medical Bldg 1019 Fred Lagrone Dr 4,991 SF Office Building Crossett, AR 71635 $1,050,000 ($210.38/SF)
Investment Highlights
- Freestanding Medical Clinic offered as a stand-alone opportunity or part of a four-property portfolio of income-producing medical offices
- Freestanding, single-story, well-maintained, brick building on a corner site with ample parking
- Convenient access from Hwy 133 and 1st Street (Hwy 82)
- Long-term lease (MG) with annual escalations to DaVita, Inc., a nationally recognized credit tenant and Fortune 500 company
- Adjacent to Ashley County Medical Center, a trusted provider serving Crossett and South Arkansas for more than 110 years
- Close proximity to hospital, medical offices, banks, restaurants, and other services
Executive Summary
±5,204 SF Freestanding Medical Clinic on ±0.75 AC offered as a stand-alone opportunity or part of a four-property portfolio of income-producing medical offices
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
4,991 SF
Building Class
C
Year Built
2000
Price
$1,050,000
Price Per SF
$210.38
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,991 SF
Building FAR
0.15
Lot Size
0.75 AC
Zoning
CI
Property Taxes
| Parcel Number | 706-02754-010 | Improvements Assessment | $61,960 |
| Land Assessment | $8,190 | Total Assessment | $70,150 |
Property Taxes
Parcel Number
706-02754-010
Land Assessment
$8,190
Improvements Assessment
$61,960
Total Assessment
$70,150
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Income-Producing Medical Bldg | 1019 Fred Lagrone Dr
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