Surgical Ambulatory Regional Center
PINE BLUFF, AR
SARC’s mission and business strategy is to provide better, more consistent, comprehensive care solutions by vertically integrating urgent care facilities with ancillary services and new technologies. The intended outcome is to provide a broader continuum of patient care at a lower cost and generate significantly higher operating margins.
Property Information
- Tenant: Surgical Ambulatory Regional Center
- Location: 7200 S. Hazel St., Pine Bluff, AR
- Property Type: Freestanding, Medical, Hospital
- Building Size: 24,050 Square Feet
- Purchase Price: $13,108,192
- Cap Rate: 6.25%
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 south east 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
Lease Information
- Lease Guarantor: Healthcare Solutions Management Group
- Initial Lease Term: 20 Years
- Rent Increases: 2% increases every year
- Renewal Options: Two 5-year Extensions
- 20 Yr. Avg. Return: 7.59%
