Medical Office
For Sale
Contact for pricing
122 Southern Drive, Ashdown, AR 71822
Standalone medical office building leased to Access Medical Clinic with ample parking on 1.68 acres.
Property Size4,500 SF
Lot Size1.68 Acres
Price / SF$111.11
Days on Market138
Property Features for 122 Southern Drive
General Information
Standard status
Active
Size
4,500 SF
Class
B
Lot size
1.68 Acres
Property subtype
Office
Occupancy
100%
Lease Type
NNN
Investment Type
Sale/Leaseback
Net Operating Income
$56,464
Additional Details
Cap Rate
8%
Building Details
Year Built
1997
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Haag Brown Commercial Real Estate and Development
Listed By:
Zac Qualls · License #EB00073816
(870) 284-4448
Source:
Crexi
Added: Apr 24
Changed: Sep 5
Last Checked: Sep 7 at 12:29PM
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 Haag Brown Commercial Real Estate and Development
Investment Insights
Based on property information with market context.
Located at 122 Southern Dr. in Ashdown, Arkansas, this standalone medical office building is currently leased to Access Medical Clinic. The property includes a 4,500 SF building on approximately 1.68 acres and is described as a highly functional site with ample parking and strong curb appeal.
The investment is presented as an income-producing asset with just over one year remaining on the primary lease term. The tenant also has three additional three-year renewal options, providing potential for extended occupancy and continued in-place income.
Access Medical Clinic operates as a family practice and urgent care medical group with locations across multiple states, including Alabama, Arkansas, Oklahoma, Texas, Tennessee, Georgia, North Carolina, and Indiana.
The investment is presented as an income-producing asset with just over one year remaining on the primary lease term. The tenant also has three additional three-year renewal options, providing potential for extended occupancy and continued in-place income.
Access Medical Clinic operates as a family practice and urgent care medical group with locations across multiple states, including Alabama, Arkansas, Oklahoma, Texas, Tennessee, Georgia, North Carolina, and Indiana.
Key Highlights
- Standalone medical office building built in 1997, leased to Access Medical Clinic
- 4,500 SF building situated on approximately 1.68 acres
- Ample parking and a functional site designed for medical office use and potential future uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 71822, AR
8,035
Population
3,836
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
92%
High-School Grad
247.9 sq mi
ZIP Area
32
Density / Sq Mi
$49,851
Median Household Income
$37,887
Median Earnings
$837
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Standalone medical office building leased to Access Medical Clinic with ample parking on 1.68 acres.
Where is this medical center located?
The property is located at 122 Southern Drive Ashdown, AR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Standalone medical office building built in 1997, leased to Access Medical Clinic; 4,500 SF building situated on approximately 1.68 acres; Ample parking and a functional site designed for medical office use and potential future uses
