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1220 North Washington Street
Forrest City, AR 72335
Asking Price
$572K
Cap Rate
7%
Asset Type
Medical Office Office
Class
Class B
What's Special
NNN Lease Structure w/ NEW 10-YR Term + Annual Increases! <ul><li>Stabalized Medical Investment Property - NNN Lease Structure w/ NEW 10-Year Lease Term!</li><li>Three Percent (3%) Annual Rent Increases!</li><li>Three (3) Three (3) Year Options Available to Tenant</li><li>1,377 SF Stand-Alone Building on ~0.52 AC - Great Curb Appeal!</li><li>Adequate Parking for a Multitude of Future Uses</li><li>Access Medical Clinic is a Leading Clinic Network with Locations in AL, AR, OK, TX, TN, GA, NC, & IN</li></ul>
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NOI
$80,000
Cap Rate
13.99%
DSCR
2.36
Strong
Cash-on-Cash
26.85%
Monthly Payment
$2,828.954
Annual Cash Flow
$46,052.547