528 Industrial Park Access Rd - ARKIDS Pediatric Day Center
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528 Industrial Park Access Rd - ARKIDS Pediatric Day Center
8,450 SF Health Care Building Offered at £1,733,389 at a 6.75% Net Initial Yield in Trumann, AR 72472
Investment Highlights
- Anchored by Walmart Supercenter
- Within One of the Largest Retail Development in the County
- Direct Access & Exposure to I-555
- Retail Area Serves Approx. 3x the City's Population
- Located by The New Steel Creek Development
- Exposure to 21,100 CPD
Executive Summary
Haag Brown Commercial is excited to offer a new construction and high-quality investment opportunity with a long-established tenant, Arkids Pediatric Day Centers. Since the building's completion in 2020, Arkids has occupied the property and has 8 years remaining on the initial term lease. *This lease is personally guaranteed.
Surrounded by some of the market's largest businesses (including Walmart, Tractor Supply Co., Unico Bank, and NEA Baptist Clinic) the site sits within, what we believe to be, the largest retail development in Poinsett County, serving approximately three times the city's population on average. The property also has excellent frontage to Interstate 555 and yields a total exposure to 21,100 cars per day.
Sitting just North of the site is Trumann's newest 140-acre mixed- use development, Steel Creek, which will feature Class A office and retail space, restaurant out parcels, themed single-family housing, amenity-rich multi-family housing, and a potential event venue. The development will also feature a several-mile-long trail system that will connect all of Trumann and improve walkability around the area. Currently under construction is Roach Conveyor's newest 80,0000-square-foot Distribution Center project, which has an estimated delivery date of Q4 2024.
With development continuing to trend out to this area (including a new Platinum Trailer Group Facility and new restaurant, La Cascada), the site is well-anchored and perfect for forward- thinking investors looking for low management and a dynamic tenant in one of the best areas in the market.
Surrounded by some of the market's largest businesses (including Walmart, Tractor Supply Co., Unico Bank, and NEA Baptist Clinic) the site sits within, what we believe to be, the largest retail development in Poinsett County, serving approximately three times the city's population on average. The property also has excellent frontage to Interstate 555 and yields a total exposure to 21,100 cars per day.
Sitting just North of the site is Trumann's newest 140-acre mixed- use development, Steel Creek, which will feature Class A office and retail space, restaurant out parcels, themed single-family housing, amenity-rich multi-family housing, and a potential event venue. The development will also feature a several-mile-long trail system that will connect all of Trumann and improve walkability around the area. Currently under construction is Roach Conveyor's newest 80,0000-square-foot Distribution Center project, which has an estimated delivery date of Q4 2024.
With development continuing to trend out to this area (including a new Platinum Trailer Group Facility and new restaurant, La Cascada), the site is well-anchored and perfect for forward- thinking investors looking for low management and a dynamic tenant in one of the best areas in the market.
Property Facts
Price | £1,733,389 | Lot Size | 1.26 AC |
Price Per Bed | £1,733,389 | Building Size | 8,450 SF |
Sale Type | Investment | No. Beds | 1 |
Net Initial Yield | 6.75% | Number of Floors | 1 |
Property Type | Health Care | Year Built | 2020 |
Building Class | B |
Price | £1,733,389 |
Price Per Bed | £1,733,389 |
Sale Type | Investment |
Net Initial Yield | 6.75% |
Property Type | Health Care |
Building Class | B |
Lot Size | 1.26 AC |
Building Size | 8,450 SF |
No. Beds | 1 |
Number of Floors | 1 |
Year Built | 2020 |
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PROPERTY TAXES
Parcel Number | 555-02998-0011 | Improvements Assessment | £171,558 |
Land Assessment | £85,187 | Total Assessment | £256,745 |
PROPERTY TAXES
Parcel Number
555-02998-0011
Land Assessment
£85,187
Improvements Assessment
£171,558
Total Assessment
£256,745
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528 Industrial Park Access Rd - ARKIDS Pediatric Day Center
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