Medical Suite with Exam
For Sale
$199,000
1 Saint Vincent Cir, Little Rock, AR 72205
Medical space within a hospital campus featuring a waiting room, dedicated lab, and break area.
Property Size48,496 SF
Price / SF$112.05
Days on Market50
Property Features for 1 Saint Vincent Cir
General Information
Standard status
Active
Size
48,496 SF
Class
A
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Building Details
Building Size
48,496 SF
Year Built
1988
Listing Agency:
Jones Aur Commercial Real Estate - Arkansas
Listed By:
Alex Cope
(501) 352-3135
Source:
Jonesaur
Added: Sep 18
Changed: Oct 26
Last Checked: Nov 6 at 7:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jones Aur Commercial Real Estate - Arkansas
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Investment Insights
Based on property information with market context.
This 1,776 SF medical suite is located within the CHI St. Vincent Medical Center campus and was built in 1988. The layout includes a waiting room, four exam rooms, a dedicated lab, and a break area, providing a defined clinical configuration for medical office use.
Access is available from I-630 and University Avenue. The property is also near UAMS and Baptist Hospital, placing the suite within a hospital-centered medical setting in Little Rock.
Access is available from I-630 and University Avenue. The property is also near UAMS and Baptist Hospital, placing the suite within a hospital-centered medical setting in Little Rock.
Key Highlights
- 1,776 SF medical suite on the CHI St. Vincent Medical Center campus
- Four exam rooms supported by a waiting room and dedicated lab
- Break area included within the suite layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,938
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,760
$338.8K
Cap Rate 7%
$241,971
$242.0K
Cap Rate 9%
$188,200
$188.2K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$31.8K $17.88/SF
− Vacancy
−$3.5K −$1.98/SF
EGI
$28.2K $15.90/SF
− OpEx
−$11.3K −$6.36/SF
NOI
$16.9K $9.54/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,760
Cap Rate 7%
$241,971
Cap Rate 9%
$188,200
Alternative Uses
Best Use
Healthcare Medical
$242.0K
$211.7K – $282.3K
NOI $16,938 @ 7.0% cap · market cap 8.51%
Second Best
Office B
$241.6K
$211.4K – $281.8K
NOI $16,910 @ 7.0% cap · market cap 8.50%
Theoretical Best
Office A
$322.6K
$282.3K – $376.4K
NOI $22,584 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72205, AR
22,888
Population
12,187
Households
1.9
Avg Household Size
39
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
2,861
Density / Sq Mi
$62,888
Median Household Income
$50,948
Median Earnings
$1,110
Median Rent
$204,400
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Little Rock, AR
Properties on Market for Medical Office Space in Little Rock
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical space within a hospital campus featuring a waiting room, dedicated lab, and break area.
Where is this medical office space located?
The property is located at 1 Saint Vincent Cir Little Rock, AR.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,776 SF medical suite on the CHI St. Vincent Medical Center campus; Four exam rooms supported by a waiting room and dedicated lab; Break area included within the suite layout
