Five-Building Medical Center
For Sale
$1,900,000
Pending
318 S Rhodes Street, West Memphis, AR 72301
CommercialSale, Other AR, AR
Property Size19,663 SF
Days on Market345
Property Features for 318 S Rhodes Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot, On Street
Lot features
Business Park, City Lot
Directions
Traveling east on Hwy 70/Broadway: turn south on South Rhodes Street, turn east on West Harrison Avenue, and the property is on the north side of Harrison Avenue.
Standard status
Pending
APN
392054500300
Size
19,663 SF
Taxes and HOA fees
Tax Description
See Deed
Tax Annual Amount
15396
Legal Description
See Deed
Building Details
Year built
2005
Number of units
7
Building materials
Brick
Listing Agency:
Delta Properties
(479) 317-1372
Listed By:
Ashley Habiger · License #PB00093413
(479) 310-8723
Added: Oct 30, 2025
Changed: Sep 16
Last Checked: Oct 9 at 7:06AM
MLS# 1327058
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This healthcare portfolio comprises five medical buildings with seven suites and a combined 19,663 square feet. The properties were built in 2005 and feature brick construction, with parking lots and on-street parking serving the buildings. Recent owner and tenant improvements have been completed across the portfolio.
The package includes 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes, and 316 W Tyler in West Memphis, Arkansas. The portfolio is located eight miles from downtown Memphis and within the Memphis, Tennessee MSA. All suites are currently occupied by established tenants, and two leases provide rent escalations.
The package includes 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes, and 316 W Tyler in West Memphis, Arkansas. The portfolio is located eight miles from downtown Memphis and within the Memphis, Tennessee MSA. All suites are currently occupied by established tenants, and two leases provide rent escalations.
Key Highlights
- Five‑building medical portfolio totaling 19,663 square feet
- Seven suites with 100% current occupancy
- Portfolio includes 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes and 316 W Tyler
Property Analytics
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Current Use
Lease Details
7
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
850
Businesses Nearby
Explore this area
Business Placement
Demographics for 72301, AR
24,479
Population
11,298
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
29.5 sq mi
ZIP Area
830
Density / Sq Mi
$41,932
Median Household Income
$30,410
Median Earnings
$848
Median Rent
$119,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical center - Fully occupied healthcare portfolio with multiple suites and recent owner and tenant improvements.
Where is this medical center located?
The property is located at 318 S Rhodes Street 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: Five‑building medical portfolio totaling 19,663 square feet; Seven suites with 100% current occupancy; Portfolio includes 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes and 316 W Tyler
