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Medical Office Building with Exam Rooms
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 Market270

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 6,600 SF
Lot size 1.92 Acres

Taxes and HOA fees

Tax Annual Amount 22476
Expense value 14300
Expense SecurityDeposit
Expense freq. One Time

Amenities

large pylon signage

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 11 at 12:06PM
MLS# 1331332

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.

Built in 2018, this 6,600-square-foot medical office building is configured for healthcare operations and can be leased as a full building or divided into two spaces. Space A contains 1,275 square feet, while Space B offers 5,325 square feet. The layout includes seven exam rooms, an X-ray room, and a dedicated procedure room, providing an established clinical configuration for incoming users.

The property sits at 507 W Monroe Avenue in Lowell, directly off I-49 and adjacent to the J.B. Hunt campus. Large pylon signage is positioned along W Monroe Avenue, providing prominent roadside exposure. The building occupies a 1.92-acre site and offers access to a functional medical-office layout in a location convenient to patients and staff.

Key Highlights

  • 6,600‑square‑foot medical office building completed in 2018
  • Seven exam rooms, an X‑ray room, and a dedicated procedure room
  • Divisible into 1,275‑square‑foot and 5,325‑square‑foot spaces

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
Yes
Paved road 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

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully built-out healthcare space with flexible suite options, procedure capabilities, and direct access to I-49.
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 $26 SF/Yr.
What are key features of this property?
This property features: 6,600‑square‑foot medical office building completed in 2018; Seven exam rooms, an X‑ray room, and a dedicated procedure room; Divisible into 1,275‑square‑foot and 5,325‑square‑foot spaces
More about this property
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