4620 Towson Avenue Fort Smith, AR 72901

The property is a 6,267-square-foot primary care clinic on approximately 0.97 acres, configured and operated for outpatient services. It is offered as an absolute NNN ground lease, with no landlord responsibilities associated with the lease structure. Mercy Health Fort Smith Communities has occupied the site since 2020, and the lease runs through February 2050. The agreement includes four additional five-year renewal options. Rental increases are structured at 2.0% annually, supporting contractual rent growth over the lease term.

The clinic is directly integrated with Mercy Hospital Fort Smith, described as the region’s primary acute care provider serving western Arkansas and eastern Oklahoma. As part of Mercy’s integrated care model, the subject property functions as a feeder clinic supporting continuity of care and referrals to the hospital and specialty services. Mercy has also completed a $186 million hospital expansion, including a 162,000-square-foot addition that expanded emergency and critical care capacity, and patient capacity. In addition, Mercy is developing a new 40,000-square-foot cancer center.

For investors seeking a healthcare-oriented net lease investment, this opportunity provides a long-duration, absolute NNN ground lease occupied by a dominant regional operator, with a remaining nearly 24 years and multiple renewal options. The lease terms are designed for passive ownership, with contractual annual rent increases in place through the current term.