West Memphis Medical Portfolio 5 Office Properties Offered at $1,900,000 in West Memphis, AR

Excellent opportunity to acquire a fully-occupied, five-building (seven-suite, 19,663+/- SF) medical portfolio in West Memphis, AR, located in the Memphis, TN MSA, just eight miles from downtown Memphis. Healthcare real estate offers investors the opportunity for stable returns and long-term growth. This portfolio provides both: secure income and the opportunity to increase future returns through rental rate increases and a decrease in owner responsibility for OPEX. Lease terms range from 3-5 years, and two of the leases include renewal options and rent escalations. A diverse and complementary medical tenant mix results in synergies within the portfolio, including cross-referrals among tenants, creating a more economically dynamic and resilient asset. Each building is well-maintained and in a strong location for healthcare services. There has been over $120,000 in recent owner and tenant improvements, enhancing the portfolio's long-term value and reflecting the tenants' commitment to continued operations in the area. The buildings have convenient highway access to US Hwy 70 (17,000 VPD) and are in a medical district with a high concentration of other medical service and allied health providers. West Memphis boasts a 97% medical office building occupancy rate, and the city is experiencing significant economic momentum, evidenced by recent and planned government and corporate investments, including a $4B Google data center, making this a prime time to acquire a recession-resistant asset in the city.