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Built-Out Medical Office Building
For Lease
$26-$29 SF/Yr

507 W Monroe Avenue, Lowell, AR 72745

CommercialLease, Lowell, AR

Space Size1,275 SF - 6,600 SF
Lot Size1.92 Acres
Days on Market269

Property Features for 507 W Monroe Avenue

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Vineyards, The Lowell
Directions Take the I-49 exit for Monroe Ave (Exit 78). Turn west onto W Monroe Ave. Continue west on W Monroe Ave for about 0.3 miles. The destination, 507 W Monroe Ave, will be on your right.
Standard status Active
Size 1,275 SF
Lot size 1.92 Acres

Taxes and HOA fees

Tax Annual Amount 22476
Expense value 3081
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 2018
Listing Agency: Focus Commercial Real Estate
Listed By: Corey Fuhrman · License #AB00081934
Added: Dec 15, 2025 Changed: Sep 6 Last Checked: Sep 10 at 10:06AM
MLS# 1331329

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 2018 medical office property offers 1,275 to 6,600 SF of available space in a purpose-built healthcare layout. Space A contains 1,275 SF, while Space B provides 5,325 SF; the full building totals 6,600 SF. Existing improvements include seven exam rooms, an X-ray room, and a dedicated procedure room, supporting a range of medical office operations.

The property is located at 507 W Monroe Avenue in Lowell, directly off I-49 and adjacent to the J.B. Hunt campus. The site includes large pylon signage and exposure along W Monroe Avenue. Its 1.92-acre setting and established medical configuration provide a practical foundation for healthcare users seeking space with existing specialized improvements.

Key Highlights

  • 1,275‑6,600 SF of medical office availability
  • Seven exam rooms, an X‑ray room, and a dedicated procedure room
  • Space A: 1,275 SF; Space B: 5,325 SF; entire building: 6,600 SF

Property Analytics

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Current Use

Dr. Tyler Carllee Physician Rhonald Myers Searcy Pediatrician UAMS Health - Gannon ... Physician Braden Duncan Foster Care Service Robert Bradley Reeves Physician

Suggested Use

Top Pick Real Estate Agency Hair Salon Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$4.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72745, AR

13,371
Population
5,324
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
85%
High-School Grad
31.8 sq mi
ZIP Area
420
Density / Sq Mi
$88,958
Median Household Income
$49,144
Median Earnings
$1,119
Median Rent
$255,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lowell, AR

$27.13 /SF/Yr
Avg Asking Price
$26–$29 /SF/Yr
Price Range
4,188 SF
Avg Space Size

This space is priced 1% above the average of $27.13 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Meenen Dennis DVM 109 Commercial Ave, Lowell, AR 72745
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Flexible medical office availability with exam rooms, imaging space, and a dedicated procedure room.
Where is this medical office space located?
The property is located at 507 W Monroe Avenue Lowell, AR.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 1,275‑6,600 SF of medical office availability; Seven exam rooms, an X‑ray room, and a dedicated procedure room; Space A: 1,275 SF; Space B: 5,325 SF; entire building: 6,600 SF
More about this property
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