New Construction AIM Clinic - 10 Year NNN Lease
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1.05 Acres on Dave Ward
Conway, AR 72032
Price:
$2,111,000
Cap Rate:
6.25%
Building Size:
6,246 SF
Lot Size:
45,738 SF
Broker(s):
Nathan Eller
Joshua Brown
Highlights
  • Modern Architecture - 6,246 SF Medical Office
  • Brand New Construction with Regional Tenant
  • Shared Access with Starbucks and First Security Bank
  • 10 Year NNN Lease
  • 10% Rent Escalations Every 5 Years
  • Exposure to 52,000 CPD
Property Description
Haag Brown Commercial is pleased to present such a rare opportunity to own an excellent property with an awesome tenant. This AIM Clinic is situated directly behind the new Starbucks at a significant intersection in Conway, AR, directly across from the University.
This property is surrounded by new construction high- profile retail, restaurant, and office development. This building consists of 6,246 SF on 1.05 Acres.
With 17 locations and a vision of future expansion, AIM checks all the boxes on being a solid tenant with lots of upside. This property has an initial 10 year lease
in place with expected rent to commence in April / May of 2021. The investment is being offered at a 6.25% Cap Rate and offers 10% rent
escalations every 5 years.