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409 S Illinois Ave - Medic One 1,800 SF Health Care Building Offered at $288,000 at a 7.50% Cap Rate in Harrisburg, AR 72432
EXECUTIVE SUMMARY
A mission-critical ambulance base located in Harrisburg, Arkansas, providing 24/7 emergency and non-emergency ambulance transport across Arkansas.
Mission Critical Facility: Company holds exclusive ambulance contract for the county
Attractive Lease Structure: NN lease shifts responsibility for CAMs, taxes, insurance, utilities, and routine repairs to the tenant. Landlord obligations are limited to roof/structure and HVAC replacement upon failure.
Custom Facility: Unit includes beds, bathrooms, laundry, backup generators, is HIPPA compliant, etc.
Established Operator: Medic One, LLC manages 15+ ambulance stations across Arkansas and Missouri, underscoring operational stability and commitment to the markets it serves.
Mission Critical Facility: Company holds exclusive ambulance contract for the county
Attractive Lease Structure: NN lease shifts responsibility for CAMs, taxes, insurance, utilities, and routine repairs to the tenant. Landlord obligations are limited to roof/structure and HVAC replacement upon failure.
Custom Facility: Unit includes beds, bathrooms, laundry, backup generators, is HIPPA compliant, etc.
Established Operator: Medic One, LLC manages 15+ ambulance stations across Arkansas and Missouri, underscoring operational stability and commitment to the markets it serves.
PROPERTY FACTS
| Price | $288,000 | Lot Size | 0.16 AC |
| Price Per Bed | $288,000 | Building Size | 1,800 SF |
| Sale Type | Investment or Owner User | No. Beds | 1 |
| Cap Rate | 7.50% | No. Stories | 1 |
| Property Type | Health Care | Year Built | 2007 |
| Building Class | C | Parking Ratio | 2.78/1,000 SF |
| Zoning | CI - Commercial District | ||
| Price | $288,000 |
| Price Per Bed | $288,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| Property Type | Health Care |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 1,800 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 2007 |
| Parking Ratio | 2.78/1,000 SF |
| Zoning | CI - Commercial District |
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PROPERTY TAXES
| Parcel Number | 111-00561-0000 | Improvements Assessment | $15,680 |
| Land Assessment | $1,540 | Total Assessment | $17,220 |
PROPERTY TAXES
Parcel Number
111-00561-0000
Land Assessment
$1,540
Improvements Assessment
$15,680
Total Assessment
$17,220
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409 S Illinois Ave - Medic One
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