Advance Care Medical

Pine Bluff, AR

Property Information

Tenant

Location

Property Type

Building Size

Purchase Price

Cap Rate

Advance Care Medical

7200 S. Hazel St., Pine Bluff, AR

Freestanding, Medical, Hospital

24,050 Square Feet

$13,108,192

6.25%

This 24,050 SF facility houses multiple clinical practices and a state-of-the-art surgery center. Originally built as a community hospital, this facility houses both the Arkansas Cancer Institute and the Vascular and Cardiac Institute. The facility is master leased by Advance Care Medical and was upgraded to a Surgery Center in 2020.

Pine Bluff, AR

 

Pine Bluff, AR lies near the Arkansas River on the boundary of two of Arkansas’s geographical regions and has a population of more than 45,000 people. To the west and southwest stretch the rolling woodlands of the West Gulf Coastal Plain and to the east and southeast, the terrain settles into the flat and largely agricultural expanse of the Delta.

About Tenants-In-Common

 

Tenants-in-Common or TIC ownership allows multiple buyers to purchase an undivided percentage of a single piece of property. Each buyer receives his own deed to the property and benefits from all of the income, tax shelters and appreciation it provides. This Millcreek  Commercial property has the following characteristics:

 

• Property is offered debt-free

• Long-term, corporate-guaranteed lease

• Satisfies IRS requirements for 1031 exchanges

Office | 801.899.1943

Property Overview

Lease Information

Lease Guarantor

Initial Lease Term

Rent Increases

Renewal Options

20 Yr. Avg. Return

HSI Group

20 years

2% increases every year

Two 5-year options

7.59%

Property Offering Memorandum

2100 PLEASANT GROVE BLVD, SUITE 200, Pleasant Grove, UT 801-899-1943  CONTACT@MILLCREEKCOMMERCIAL.COM

PRIVACY POLICY

SAFETY | SECURITY | STABILITY

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