5620 Markham St, Little Rock, AR 72205
This exceptional investment opportunity presents a fully leased, Class B medical office building located at 5620 W Markham St, Little Rock, AR 72205. The 30,359 square foot building, constructed in 2018 and renovated in 2024, sits on a 0.44-acre lot and features four stories, including a ground-floor parking garage. Currently occupied at 100% capacity by American Oncology Network under a 10-year triple-net (NNN) lease commencing January 1, 2025, and expiring January 1, 2035, this property offers a secure, long-term investment. The lease includes a 3% annual rent increase. The building's 14,000 net rentable square feet are priced at $139.99 per square foot, with an asking price of $4,250,000. Strategically positioned in Little Rock's medical corridor, near major hospitals such as Arkansas Children's Hospital and St. Vincent's Infirmary, this property benefits from excellent visibility and access to a large patient population. The permitted zoning is POD. This is a 1031 exchange eligible property, offering significant tax advantages for qualified investors. The tenant, American Oncology Network, provides a wide range of oncology services, ensuring a stable and reliable income stream. This is a rare opportunity to acquire a high-quality, fully leased medical office building in a prime location.
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Secured Lab Services Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.