Mercy Medical Clinic 325 S 6th Pl 15,000 SF Office Building Lowell, AR 72745 $5,140,000 ($342.67/SF) 6.40% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant Mercy Health medical office building located within the Northwest Arkansas MSA (Bentonville, Fayetteville, Springdale, and Rogers), which is a top 15 fastest growing MSA in the country. The property is a family medicine and pediatric doctor’s office. Mercy Health has successfully operated at the location for approximately twenty years and just signed a brand-new 7-year lease extension. The triple net lease features no landlord responsibilities and 2% rental increases every five years.
The 15,000 square foot high-end medical office building is strategically located along Interstate 49 with visibility to 90,000 vehicles per day. The immediate area is rapidly growing with almost 4% projected annual population growth within a mile. The property is positioned adjacent to the headquarters of J.B. Hunt, one of the world’s largest trucking companies and ranked 316 on the Fortune 500 list. The surrounding area is extremely affluent with average annual household income of $132,000 within three miles. The property is located approximately ten miles south of Walmart’s headquarters and ten miles east of the Northwest Arkansas National Airport.