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1220 N Washington St
Forrest City, AR 72335
Access Medical Clinic Investment - 7% CAP · Office Property For Sale

Investment Highlights

  • Stabalized Medical Investment Property - NNN Lease Structure w/ NEW 10-Year Lease Term!
  • Three (3) Three (3) Year Options Available to Tenant
  • Adequate Parking for a Multitude of Future Uses
  • Three Percent (3%) Annual Rent Increases!
  • 1,377 SF Stand-Alone Building on ~0.52 AC - Great Curb Appeal!
  • Access Medical Clinic is a Leading Clinic Network with Locations in AL, AR, OK, TX, TN, GA, NC, & IN

Executive Summary

Positioned along N. Washington Street in Forrest City, Arkansas, this high-return medical investment property offers investors the opportunity to acquire a well-located, income-producing asset leased to Access Medical Clinic, an established and growing healthcare operator with locations throughout Alabama, Arkansas, Oklahoma, Texas, Tennessee, Georgia, North Carolina, and Indiana.
The property consists of a 1,377 SF stand-alone building situated on approximately 0.52 acres, offering a highly functional site with excellent visibility, strong curb appeal, and ample parking to serve both the current medical use and a wide range of potential future uses.
Backed by a recent ten (10) year renewal of the primary lease term and 3% annual rent increases, investors benefit from predictable income for years to come. Additionally, the tenant has three (3) three-year renewal options, providing further upside for a buyer seeking continued occupancy and long-term stability.
Access Medical Clinic is a leading family practice and urgent care medical group providing a complete complement of care and treatment options for patients throughout Arkansas, Oklahoma, Tennessee, Georgia, North Carolina, and Indiana. With its dedicated team of physicians, family nurse practitioners, nurses and other healthcare providers and support staff, Access Medical Clinic is committed to helping every member of your family stay as healthy as possible at every age and every stage of life.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
1,377 SF
Building Class
A
Year Built
2023
Price
$571,800
Price Per SF
$415.25
Cap Rate
7%
NOI
$40,026
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,377 SF
Building FAR
0.06
Lot Size
0.52 AC

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0765-00138-0000
  • 0765-00139-0000
  • 0765-00140-0000
  • 0765-00137-0000
Land Assessment
$4,200
Improvements Assessment
$30,104
Total Assessment
$34,304
  • Listing ID: 40272467

  • Date on Market: 4/23/2026

  • Last Updated:

  • Address: 1220 N Washington St, Forrest City, AR 72335

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