5,000 SF Medical Space Adjacent to NEA Baptist
Email
4803 E. Johnson
Jonesboro, AR 72401
Price:
$2,160,000
Cap Rate:
7.50%
Building Size:
5,000 SF
Lot Size:
0.98 AC
Broker(s):
Nathan Eller
Highlights
  • A++ Location - Directly Across from NEA Baptist Hospital Campus
  • High Traffic Counts - 33,000+ Cars Per Day
  • Across from NEA Baptist $400M Regional Hospital
  • Phenomenal Medical / Office Building
  • New Roof & Exterior Paint Q4 2024
  • Available FOR LEASE & FOR SALE
Property Description
This 5,000 square foot medical office building is strategically positioned directly across from the $400 million NEA Baptist Regional Hospital campus, one of Northeast Arkansas's premier healthcare hubs. Located along E. Johnson Avenue, with traffic counts exceeding 33,000+ vehicles per day, the property benefits from outstanding visibility, accessibility, and proximity to a rapidly expanding concentration of retail, restaurant, and medical development.

The building currently has a brand new lease to AIM Academy, proving stable occupancy within a high-demand medical corridor that desperately needed a high-end childcare center. The existing lease structure offers dependable income with a 10-year primary term and extension options, making the property attractive to investors seeking a healthcare-oriented asset in a strong regional market, great location, and runway of opportunity for the future.

Recent capital improvements, including a new roof, exterior paint, and a complete new buildout have been completed in the past 24 months.