5,000 SF Medical Space 4803 E Johnson Ave 5,000 SF Office Building Jonesboro, AR 72401 $2,160,000 ($432/SF) 7.50% Cap Rate

This 5,000 square foot medical office building is strategically positioned directly across from the $400 million NEA Baptist Regional Hospital campus, one of Northeast Arkansas's premier healthcare hubs. Located along E. Johnson Avenue, with traffic counts exceeding 33,000+ vehicles per day, the property benefits from outstanding visibility, accessibility, and proximity to a rapidly expanding concentration of retail, restaurant, and medical development.
The building currently has a brand new lease to AIM Academy, proving stable occupancy within a high-demand medical corridor that desperately needed a high-end childcare center. The existing lease structure offers dependable income with a 10-year primary term and extension options, making the property attractive to investors seeking a healthcare-oriented asset in a strong regional market, great location, and runway of opportunity for the future.
Recent capital improvements, including a new roof, exterior paint, and a complete new buildout have been completed in the past 24 months.