3700 East Race Avenue
Searcy, AR
Price:
$1685000
Cap Rate:
6.75%
NOI:
$113,750
Building Size:
Approx. 3500 Sq. Ft.
Lot Size:
Approx. 0.59 Acres
Type:
Single-Tenant / Retail
Sub Category:
Medical / Dental
Year Built:
2015
Investment Overview
- ASPEN DENTAL | 500 Locations in 30 states
- Reported 3.4 million patient visits FY 2014
- Brand New Construction | 3,500+/- SF Building on 0.59+/- Acre Site
- Located off of E Race St (11,000 Cars / Day), just E of U.S. Highway 67 (24,000 Cars / Day)
- Adjacent to Walmart Supercenter, Lowe’s, Tractor Supply Co., Big Lots!, Chili’s, McAlister’s, & Chick-Fil-A
- Major Employers: White County Medical Center (1,465 Empl.), Walmart Distr. (1050 Empl.), Land O’ Frost (520 Empl.)
- 2.5-Miles W Harding University (6,075 Enrollment) | 17-Miles N of Arkansas State University (13,552 Enrollment)
- 1-Hour S of Greers Ferry Lake (40,000-Acres) | 10-Minuets W of The Course at River Oaks (18-Hole Course)
- Searcy is 50-Miles Northeast of Little Rock, AR | 1-Mile Average Household Income: $51,714
- Little Rock – North Little Rock – Pine Bluff (CSA) | Population: 886,992