Miracle Kids (2024 Renovation)

Miracle Kids (2024 Renovation)

Fort Smith, AR

Fort Smith, AR

Miracle Kids (2024 Renovation)

Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Miracle Kids in Fort Smith, AR. The property consists of a 36,136-square-foot, freestanding building that sits on approximately 9.28 acres of land. There are 9.4 years remaining on the lease with rental increases. Steve Greer 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 P: (225) 376-6729 Lic #: PB00098133

Price $3,046,000
Cap Rate 7.70%
Building Size 36,136 sqft
Lot Size 9.28 acres
Year Built 2024
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Corporate-Backed Double Net Lease With 9.4 Years Remaining | Rent Increase Scheduled in 2030
  • 2024 Renovation With Nearly $2 Million in Capital Investment Plus Supplemental Warehouse Income
  • 9.28-Acre Parcel With Future Development Potential
  • Proximity to Central Mall – Arkansas’ Largest Enclosed Mall (90+ Stores)
  • Regional Access via Interstate 540 (51,622 VPD)
  • 117,998 Daytime Population Within Five Miles Driven by Hospitals, University, and Government Offices
  • Fort Smith – Regional Distribution, Manufacturing, and Trade Hub
  • Proximity to University of Arkansas –Fort Smith (1.1 Miles Away) With 6,500+ Students and Faculty

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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