1993 Us-412 Siloam Springs, AR 72761
- Office Properties & Spaces
- 6,408 SF
- 1.16 lot acres
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1993 Us-412
- Year built
- 2024
- Lot size
- 1.16 lot acres
- Property size
- 6,408 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a brand-new, 6,408-square-foot medical office building in Siloam Springs, Arkansas. Located at 1993 US-412, this fee-simple property sits on a 1.16-acre lot and boasts a 20-year triple-net (NNN) lease with Parachute Plasma, a corporate-guaranteed tenant with 19+ locations. The lease commenced upon closing and features a strong annual net operating income (NOI) of $393,970, representing a 7.50% capitalization rate. The asking price is $5,252,928, translating to $819.75 per square foot. Built in 2024, the property benefits from a long-term lease providing financial stability. Crucially, the lease includes annual rent increases of 2% starting in year six, ensuring consistent growth in rental income. This presents a compelling opportunity for investors seeking a secure, high-return investment in a rapidly growing market. The property's prime location and strong tenant covenant make it an attractive addition to any portfolio. The building's modern design and efficient layout cater to the specific needs of a medical office setting. This is a rare chance to acquire a high-quality, net-leased medical office property with significant long-term potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Siloam Springs
- County
- Benton
- State
- Arkansas
- Longitude
- -94.5208
- Latitude
- 36.1764
