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3922 Main St Blytheville, AR 72315

Sponsored
For Sale
$2,171,371

8,000 SF Medical Office, 7% Cap Rate

Property size:
8,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 8,000-square-foot Class A medical office building in Blytheville, Arkansas. The property, situated on a 1.15-acre lot at 3922 E Main St, boasts a prime location on the city's rapidly developing eastern corridor, surrounded by established national retailers and restaurants including Walmart, Lowe's, and Tractor Supply. The building features two units, currently 100% occupied by two medical tenants under new, long-term (10-year) triple-net (NNN) leases, ensuring a stable income stream. The property offers 49 parking spaces and is a single-story structure. With a total asking price of $2,171,371, the property provides a compelling 7.00% capitalization rate and a price per square foot of $271.42. The building's Net Operating Income (NOI) is $151,996, reflecting the strong tenancy and lease terms. The occupancy date for the current leases is August 15, 2022. The property's APN is 305-00214-265. This is a sale for leaseback transaction. This presents a rare opportunity to acquire a high-quality, well-located medical office building with strong tenant occupancy and a significant return on investment.

Property Features for 3922 Main St

General Information

Property type
Medical offices
Square Feet
8,000 SF
Class
A
Lot Size
50,094 SF

Building Details

Buildings
1
Stories
1
Units
2

HighLights

  • 8,000 SF medical office building with two tenants.
  • Triple‑net (NNN) leased investment property.
  • Excellent location near major national retailers including Walmart, Lowe's, and numerous restaurants.
  • Both tenants have recently signed long‑term leases.
Property Profile Location Intelligence

Current Use by Public Records

Southern Pain and Regenerative ... Pain Management Physician Higginbotham Family Dental Dentist Southern Vascular & Pain ... Pain Management Physician Dr. Todd Higginbotham, ... Dentist

Suggested Use

Restaurant Building Supply Wholesale Shop Dental Office Auto Repair Shop Gym & Fitness Clothing Store Pharmacy Department Store Kitchen & Bath

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Blytheville
County
Mississippi
State
Arkansas
Longitude
-89.864104877529
Latitude
35.928762620013

FAQs

What type of property is this?
Medical office - 8,000 SF Medical Office, 7% Cap Rate
Where is this medical office located?
The property is located at 3922 Main St Blytheville, AR.
What is the asking price?
The asking price for this property is $2,171,371.
What are key features of this property?
This property features: 8,000 SF medical office building with two tenants.; Triple-net (NNN) leased investment property.; Excellent location near major national retailers including Walmart, Lowe's, and numerous restaurants.
More about this property
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