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PEDIATRICS PLUS | 3% ANNUAL INCREASES 2805 Alma Hwy 25,507 SF Retail Building Van Buren, AR 72956 $8,227,388 ($322.55/SF) 7.35% Cap Rate
Investment Highlights
- Long Term Lease Featuring Above Average 3.0% Annual Rental Increases throughout the Initial Term and Options.
- Strategically Located along Alma Highway, a Primary Retail and Commuter Corridor with Strong Daily Traffic Counts, providing Excellent Visibility.
- Strong Alignment with Government-Backed Healthcare Programs including Medicaid and ARKids First.
- Pediatrics Plus is a Leading provider of Pediatric Therapy Services Operating across Multiple States. Large Land Tract.
- Established Pediatric Therapy provider Offering Applied Behavior Analysis, Occupational Therapy, Speech Therapy, and Physical Therapy.
- Pediatric Therapy Services are Essential, Needs-based Healthcare - not Discretionary.
Executive Summary
Pediatrics Plus | Long Term Lease Leading Pediatric Healthcare Provider with a Growing Multi-State Platform | Favorable 3% Annual Increases | Recession Resistant Healthcare Sector | Consistent Demand from Early Intervention | Growing Pediatric Behavioral Health Sector | Near Mercy Hospital Fort Smith | Stable Van Buren Market Fundamentals | Largest Facility by SF. Fully Renovated 2024. Flagship-caliber Location in the Fort Smith MSA | MissionCritical Healthcare
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
25,507 SF
Building Class
C
Year Built/Renovated
1984/2024
Price
$8,227,388
Price Per SF
$322.55
Cap Rate
7.35%
NOI
$604,713
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
2.90 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Pediatrics Plus
- Retailer
- 25,507 SF
- -
- Double Net
- Dec 2039
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Pediatrics Plus | Retailer | 25,507 SF | - | Double Net | Dec 2039 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 700-09800-002 | Improvements Assessment | $545,670 |
| Land Assessment | $44,430 | Total Assessment | $590,100 |
Property Taxes
Parcel Number
700-09800-002
Land Assessment
$44,430
Improvements Assessment
$545,670
Total Assessment
$590,100
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PEDIATRICS PLUS | 3% ANNUAL INCREASES | 2805 Alma Hwy
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