Medical Office Space Near
New
For Sale
$8,660,408
344 Fayetteville Ave, Alma, AR 72921
A new 15-year lease includes 3% annual escalations for the medical office property.
Property Size22,260 SF
Price / SF$389.06
Days on Market3
Property Features for 344 Fayetteville Ave
General Information
Standard status
Active
Size
22,260 SF
Property subtype
Single-Tenant Office Medical
Lease Type
NN
Additional Details
Highway Access
Yes
Amenities
Brand New 15 Year Lease Featuring Above Average 3.0% Annual Rental Increases throughout the Initial Term and Options.
Pediatrics Plus is a Leading provider of Pediatric Therapy Services Operating across Multiple States. Second-largest Facility by SqFt. Strong Operational History.
Positioned Minutes from Interstate 40 - a Major East-West Transportation Corridor Connecting Little Rock and Oklahoma City, facilitating Regional Accessibility, Workforce Mobility, and more.
Established Pediatric Therapy provider Offering Applied Behavior Analysis, Occupational Therapy, Speech Therapy, and Physical Therapy, creating Multiple Revenue Streams and Strong Demand from Families Seeking Integrated Care Solutions.
Strong Alignment with Government-Backed Healthcare Programs including Medicaid and ARKids First, Supporting Reimbursement Stability and Accessibility for a Broad Patient Base Across Arkansas Markets.
Pediatric Therapy Services are Essential, Needs-based Healthcare - not Discretionary. These Facilities serve Children with Developmental and Rehabilitation needs, creating Deeply Embedded Tenant Demand that Persists through Economic Cycles.
Benefits from Consistent Demand Supported by Early Intervention Programs, as Pediatric Therapy Services are Often Prescribed Long-Term, Resulting in Recurring Patient Visits, High Utilization Rates, and Stable Revenue Generation.
Operates within the Rapidly Growing Pediatric Behavioral Health Sector, driven by increased Awareness and Diagnosis of Autism Spectrum Disorder and Developmental Delays across the United States supporting Long-Term Growth. Within Close Proximity to Major Medical Providers including Baptist Health-Fort Smith and Mercy Hospital Fort Smith, supporting Demand for Complementary Service Uses.
Building Details
Building Size
22,260 SF
Listing Agency:
Marcus & Millichap | San Diego
Listed By:
Alvin Mansour · License #License(s): CA: 01391653, TX: 0606255
(858) 373-3184
Source:
Marcusmillichap
Added: Sep 12
Changed: Sep 13
Last Checked: Sep 14 at 5:42AM
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 Marcus & Millichap | San Diego
Investment Insights
Based on property information with market context.
This 22,260 SF medical office property is leased to Pediatrics Plus under a new 15-year agreement with 3% annual increases. The asset offers healthcare-oriented commercial space in a single-property configuration, with the lease structure providing a defined occupancy term.
Located at 344 Fayetteville Ave in Alma, the property sits within the Fort Smith MSA and benefits from access to Interstate 40. Walmart Supercenter is nearby, while Baptist Health-Fort Smith and Mercy Hospital Fort Smith serve the broader regional healthcare market. Alma also connects with the Fort Smith employment base and surrounding residential communities across western Arkansas and eastern Oklahoma.
Located at 344 Fayetteville Ave in Alma, the property sits within the Fort Smith MSA and benefits from access to Interstate 40. Walmart Supercenter is nearby, while Baptist Health-Fort Smith and Mercy Hospital Fort Smith serve the broader regional healthcare market. Alma also connects with the Fort Smith employment base and surrounding residential communities across western Arkansas and eastern Oklahoma.
Key Highlights
- 22,260 SF medical office property
- New 15‑year lease in place
- 3% annual lease escalations
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72921, AR
13,770
Population
5,287
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
91%
High-School Grad
88.9 sq mi
ZIP Area
155
Density / Sq Mi
$68,302
Median Household Income
$44,259
Median Earnings
$963
Median Rent
$185,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A new 15-year lease includes 3% annual escalations for the medical office property.
Where is this medical office space located?
The property is located at 344 Fayetteville Ave Alma, AR.
What is the asking price?
The asking price for this property is $8,660,408.
What are key features of this property?
This property features: 22,260 SF medical office property; New 15‑year lease in place; 3% annual lease escalations
