10 Year NN+ Leased ARKids Pediatric Day Center
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528 Industrial Park Access Road
Trumann, AR 72472
Price:
$2,209,800
Cap Rate:
6.75%
Lot Size:
1.26 AC
Broker(s):
Nathan Eller
Joshua Brown
Highlights
  • Largest Retail Development in the County
  • Solid Tenant With Long-Term Lease
  • Supports 3x the City's Population
  • Beside Wal-Mart Super Center
  • Regional Shopping Hub
  • Exposure to 14,000 CPD
Property Description
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.