Seven-Suite Medical Office
For Sale
$1,900,000
Pending
318 S Rhodes Street, West Memphis, AR 72301
Fully occupied medical offices across multiple buildings with established occupants and lease escalation provisions.
Property Size19,663 SF
Days on Market306
Property Features for 318 S Rhodes Street
General Information
Standard status
Pending
Size
19,663 SF
Occupancy
100%
Additional Details
Office Units
7
Taxes and HOA fees
Annual Taxes
$15,396
Building Details
Building Size
19,663 SF
Year Built
2005
Buildings
5
Tenancy
Multi
Listing Agency:
Delta Properties
(479) 317-1372
Listed By:
Ashley Habiger · License #PB00093413
(479) 317-1372
Source:
1percentlistsarkansas
Added: Oct 30, 2025
Changed: Aug 30
Last Checked: Aug 8 at 2:36AM
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 Delta Properties
Investment Insights
Based on property information with market context.
This medical office portfolio comprises five buildings and seven suites totaling 19663 square feet. The properties are fully occupied by established tenants, providing a consolidated healthcare-oriented commercial asset across multiple addresses. Recent owner and tenant improvements have supported ongoing operations throughout the portfolio.
The properties include 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes, and 316 W Tyler in West Memphis, Arkansas. The portfolio is located in the Memphis, Tennessee MSA, approximately eight miles from downtown Memphis. Two leases include rent escalations, while several lease renewals may provide an opportunity to revisit rental rates and operating expense responsibilities.
The properties include 302 S Rhodes, 304 S Rhodes, 308 S Rhodes, 318 S Rhodes, and 316 W Tyler in West Memphis, Arkansas. The portfolio is located in the Memphis, Tennessee MSA, approximately eight miles from downtown Memphis. Two leases include rent escalations, while several lease renewals may provide an opportunity to revisit rental rates and operating expense responsibilities.
Key Highlights
- Five‑building medical portfolio with seven suites
- 19663 square feet across the portfolio
- 100% occupied by established tenants
Property Analytics
Property Profile
Current Use
Lease Details
7
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72301, AR
24,479
Population
11,298
Households
2.2
Avg Household Size
37
Median Age
15%
College-Educated
84%
High-School Grad
29.5 sq mi
ZIP Area
830
Density / Sq Mi
$41,932
Median Household Income
$30,410
Median Earnings
$848
Median Rent
$119,100
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully occupied medical offices across multiple buildings with established occupants and lease escalation provisions.
Where is this medical office space located?
The property is located at 318 S Rhodes Street West Memphis, AR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Five‑building medical portfolio with seven suites; 19663 square feet across the portfolio; 100% occupied by established tenants
