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528 Industrial Park Access Rd Trumann, AR 72472

Sponsored
For Sale
$2,209,800

High-yield medical office, strong tenant.

Property size:
8,450 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Class A medical office building presents a compelling net lease investment opportunity. Located at 528 Industrial Park Access Rd, Trumann, AR 72472, this 8,450 square foot property boasts a 6.75% cap rate and a substantial net operating income (NOI) of $149,160. The property is situated on a 1.26-acre lot and features a single tenant, Arkids Pediatric Day Center, under a Net Lease (NN+) agreement with 7.5 years remaining on a 12.1-year lease, commencing May 1, 2020, and expiring May 31, 2032. The lease includes 10% rent bumps every five years, ensuring consistent income growth. Built in 2020, the building benefits from its prime location within the largest retail development in Poinsett County, Arkansas, enjoying high visibility and traffic counts exceeding 21,100 cars daily due to its proximity to Interstate 555. The area is experiencing significant growth, with nearby developments including a new mixed-use project and a large distribution center under construction. This investment offers a rare combination of strong tenancy, excellent location, and significant upside potential in a thriving market. The asking price is $2,209,800, translating to $261.51 per square foot. This property is ideally suited for investors seeking a low-management, high-return investment with a stable, long-term tenant.

Property Features for 528 Industrial Park Access Rd

General Information

Property type
Medical offices
Square Feet
8,450 SF
Class
A
Lot Size
54,886 SF

Building Details

Year Built
2020

HighLights

  • Class A medical office building, 8,450 SF, located at 528 Industrial Park Access Rd, Trumann, AR 72472.
  • Net lease investment opportunity with a 6.75% cap rate and $149,160 NOI.
  • Single‑tenant, Arkids Pediatric Day Center, under a NN+ lease with 7.5 years remaining (10% rent bumps every 5 years).
  • Situated on a 1.26‑acre lot within the county's largest retail development, anchored by a Walmart Supercenter.
  • High visibility location with direct I‑555 access and exposure to over 21,100 cars per day.
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Map

City
Trumann
County
Poinsett
State
Arkansas
Longitude
-90.5523143
Latitude
35.6827153

FAQs

What type of property is this?
Medical office - High-yield medical office, strong tenant.
Where is this medical office located?
The property is located at 528 Industrial Park Access Rd Trumann, AR.
What is the asking price?
The asking price for this property is $2,209,800.
What are key features of this property?
This property features: Class A medical office building, 8,450 SF, located at 528 Industrial Park Access Rd, Trumann, AR 72472.; Net lease investment opportunity with a 6.75% cap rate and $149,160 NOI.; Single-tenant, Arkids Pediatric Day Center, under a NN+ lease with 7.5 years remaining (10% rent bumps every 5 years).
More about this property
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