4077 ELM SPGS RD

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4077 ELM SPGS RD

SPRINGDALE, AR 72762-3748
Asking Price
$13.83M
Cap Rate
6.6%
Asset Type
Medical Office Office
Class
Class B

What's Special

Class A STNL MOB | NW Arkansas MSA | Major Sig. Intersection | Freeman Health (S&P: A) | 2% Incrs <ul><li>​Located in the Northwest Arkansas MSA, a top 15 fastest growing MSA in the U.S. (Bentonville, Fayetteville, Springdale, and Rogers)</li><li>​Proven successful facility and practice evidenced by tenant’s recent lease renewal</li><li>​Net lease with 2% annual rental increases</li><li>​Recently constructed (2016) Class A 31,200 SF MOB utilized as a primary care doctor’s office and physical therapy center</li><li>​Tenant pays a Management Fee of 2% of Total Income (inclusive of recoveries)

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NOI
$80,000
Cap Rate
0.58%
DSCR
0.10
Underwater
Cash-on-Cash
-17.86%
Monthly Payment
$68,408.452
Annual Cash Flow
$-740,901.421

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