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318 S Rhodes St West Memphis, AR 72301

For Sale
$1,900,000

Medical/Dental - Other AR, AR

Property size:
19,663 SF
Days on Market:
37
Last Refresh:
Dec 5 at 1:06 am

Property Features for 318 S Rhodes St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
Commercial
APN
392054500300
Parking features
On Street
Size
19,663 SF

Building Details

Year built
2005
Building materials
Brick
Architectural style
Other

Delta Properties (479) 317-1372

Listing agent Ashley Habiger (479) 317-1372

Listing date Oct 30, 2025

MLS# 1327058 Listing URL

Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Medical Portfolio

This is an opportunity to acquire a fully-occupied medical portfolio consisting of five buildings, encompassing seven suites, situated in West Memphis, AR, within the Memphis, TN MSA, approximately eight miles from downtown Memphis. The location benefits from significant economic momentum, demonstrated by recent and planned government and corporate investments, including a $4B Google data center, and planned openings or expansions by Starbucks, Buc-ee's and Coca-Cola. The portfolio has a history of strong occupancy and is currently 100% occupied by established tenants. Two of the leases include rent escalations, and there is an opportunity to increase returns upon lease renewal by raising rental rates for several of the leases and renegotiating owner responsibility for OPEX. Over $120,000 in recent owner and tenant improvements have enhanced the portfolio’s long-term value and reflect the tenants’ commitment to continued operations in the area. The portfolio package includes properties located at 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes and 316 W Tyler. The property is zoned commercial and has a total size of 19663 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Sentry Healthcare Social Services Organization Patterson Joseph MD Emergency Care Physician Pathgroup Medical Clinic ARcare West Memphis Medical Clinic

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Animal Care Center

Location Insight

  • Map
  • Local Demand
City
West Memphis
County
Crittenden
State
Arkansas
Longitude
-90.18777
Latitude
35.14955

FAQs

What type of property is this?
Medical office - Five-building medical portfolio in West Memphis, 100% occupied.
Where is this medical office located?
The property is located at 318 S Rhodes St West Memphis, AR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: - 100% occupied medical portfolio with established tenants.; - Located in West Memphis, AR, part of the Memphis, TN MSA, an area with significant economic growth including a $4B Google data center.; - Opportunity to increase returns by raising rental rates upon lease renewal and renegotiating OPEX responsibilities.
More about this property
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