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Income-Producing Medical Bldg 1590 Tanner St 5,096 SF Office Building Malvern, AR 72104 $1,025,000 ($201.14/SF)
Investment Highlights
- ±5,244 SF medical clinic on ±0.93 acres, 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
- Surrounded by medical offices, banks, restaurants, and other services
- Long-term lease (MG) with annual escalations to DaVita, Inc., a nationally recognized credit tenant and Fortune 500 company operating 2,657 clinics ac
- Convenient access to I-30 and Oliver Lancaster Blvd (Hwy 270)
Executive Summary
±5,244 SF medical clinic on ±0.93 acres, 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
5,096 SF
Building Class
C
Year Built
2003
Price
$1,025,000
Price Per SF
$201.14
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,096 SF
Building FAR
0.13
Lot Size
0.93 AC
Opportunity Zone
Yes
Property Taxes
| Parcel Number | 810-01092-001 | Improvements Assessment | $98,240 |
| Land Assessment | $22,805 | Total Assessment | $121,045 |
Property Taxes
Parcel Number
810-01092-001
Land Assessment
$22,805
Improvements Assessment
$98,240
Total Assessment
$121,045
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Income-Producing Medical Bldg | 1590 Tanner St
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