Freestanding Medical/Office
2596 Interstate 55 Marion, AR 72364
For Sale
Contact for pricing
Freestanding medical and office building with ample parking, room for expansion, and an on-site generator.
Property Size8,297 SF
Price / SF$325.42
Days on Market162
Property Features for 2596 Interstate 55
General Information
- Standard status
- Active
- Size
- 8,297 SF
- Property subtype
- OFFICE
Properties For Sale
at 2596 Interstate 55 Contact us
Listing Agency:
CBRE | Memphis
(901) 690-6667
Listed By:
Adam Stovall
(601) 720-2050
Source:
Moodyscre
Added: Feb 12
Changed: Jul 23
Last Checked: Jul 23 at 9:35AM
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 CBRE | Memphis
Investment Insights
Based on property information with market context.
This freestanding building is configured as medical and office space and is presented with ample parking and room for expansion. The property also notes the availability of an on-site generator, supporting continuity of operations.
The building sits on the west side of Interstate 55 and is accessible via the I-55 access/service road. To the north, neighboring tenants include a soul food restaurant and a Comfort Inn. There are no neighboring tenants to the south, with a large residential community directly east and Interstate 55 to the west.
Overall, the site’s visibility, parking, and flexibility for future growth are positioned to support either owner-occupancy or office-focused uses.
The building sits on the west side of Interstate 55 and is accessible via the I-55 access/service road. To the north, neighboring tenants include a soul food restaurant and a Comfort Inn. There are no neighboring tenants to the south, with a large residential community directly east and Interstate 55 to the west.
Overall, the site’s visibility, parking, and flexibility for future growth are positioned to support either owner-occupancy or office-focused uses.
Key Highlights
- Freestanding medical/office building with ample parking
- On‑site generator
- Room for expansion
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.2k | $22.20 |
| − Vacancy | −$19.3k | −$2.33 |
| EGI | $164.9k | $19.87 |
| − OpEx | −$65.9k | −$7.95 |
| NOI | $98.9k | $11.92 |
8,297 SF · lease $22.20/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.41M
$1.24M – $1.65M
NOI $98,912 @ 7.0% cap · market cap 3.66%
Second Best
Office B
$1.14M
$995.8K – $1.33M
NOI $79,661 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,215 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
FAQs
What type of property is this?
Medical Office Space - Freestanding medical and office building with ample parking, room for expansion, and an on-site generator.
Where is this medical office space located?
The property is located at 2596 Interstate 55 Marion, AR.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Freestanding medical/office building with ample parking; On‑site generator; Room for expansion