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1801 W 40th Ave, Pine Bluff, AR 71603

A prosthetic and orthotic services provider occupies the property under a lease extending through May 2031.

Property Size3,410 SF
Price / SF$124.63
Days on Market4

Property Features for 1801 W 40th Ave

General Information

Standard status Active
Size 3,410 SF
Property subtype OFFICE

Additional Details

Gross Income $49,368

Building Details

Tenancy Single
Listing Agency: Hathaway Group
Listed By: Bryan Crow
Source: Moodyscre
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 16 at 8:13AM

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 Hathaway Group

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Investment Insights

Based on property information with market context.

This 3,410-square-foot medical office property is leased to New Hope Prosthetic & Orthotic Services Inc. The 10-year lease began May 1, 2021, and runs through May 1, 2031.

The property is across W 40th Ave from Jefferson Regional Medical Center, with an Arkansas Children’s Hospital facility farther along the road. The immediate complex includes more than two dozen healthcare practices, with specialties including GI, ENT, cardiology, neurology, and pain management.

Key Highlights

  • 3,410‑square‑foot medical office property
  • Leased to New Hope Prosthetic & Orthotic Services Inc through 5/1/2031
  • 10‑year lease term began 5/1/2021

Property Analytics

Current Use

Stearns Charles J ... Physician Delta Pain Management Medical Clinic New Hope Prosthetics ... Orthotics & Prosthetics Service Arkansas Medical Marijuana ... Medical Clinic Total Recovery Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Hair Salon (Bike/Boat/Book/etc) Store Nail Salon

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby
Under-served
Demand for This Use

Demographics for 71603, AR

30,236
Population
13,997
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
90%
High-School Grad
167.8 sq mi
ZIP Area
180
Density / Sq Mi
$51,019
Median Household Income
$35,833
Median Earnings
$859
Median Rent
$116,000
Median Home Value

Market

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

Similar Off Market Nearby

  • Luebker Veterinary Clinic — 3204 S Catalpa St, Pine Bluff, AR 71603

Frequently Asked Questions

What type of property is this?
Medical Office Space - A prosthetic and orthotic services provider occupies the property under a lease extending through May 2031.
Where is this medical office space located?
The property is located at 1801 W 40th Ave Pine Bluff, AR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,410‑square‑foot medical office property; Leased to New Hope Prosthetic & Orthotic Services Inc through 5/1/2031; 10‑year lease term began 5/1/2021
(501) 708-8040 Call to check price and availability
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