Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

3301 Central Ave 2,800 SF 4-Star Office Building Hot Springs National Park, AR 71913 $4,402,349 CAD ($1,572.27 CAD/SF) 7% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Brand new medical construction positioned on Central Avenue with strong consumer visibility
  • Tenant operates 300 plus clinics and continues national expansion in rural and suburban markets
  • Located in a tourism-driven city supported by hospitality, healthcare, retail, and national park visitation
  • 15-year NNN lease with 2 percent annual scheduled growth throughout term and options
  • Passive ownership structure with landlord responsible for structure only
  • Surrounded by dense rooftops, regional commerce, and major highway connectivity

Executive Summary

This newly developed Fast Pace Health clinic in Hot Springs, Arkansas presents a compelling opportunity for investors seeking a stable, long-term, medical-retail asset backed by one of the nation’s largest and fastest-growing rural healthcare providers. Strategically positioned along Central Avenue, a major Hot Springs arterial, the property benefits from exceptional visibility and seamless access within a high-traffic corridor serving both local residents and strong tourism-driven demand. Hot Springs is an economically diverse city anchored by tourism, hospitality, and healthcare, drawing millions of annual visitors and maintaining consistent demographic growth patterns. This stability translates into a robust consumer base for medical providers and retail services alike.
Fast Pace Health operates 300 plus clinics across eight states and continues to expand through partnerships such as First Care Clinics, enhancing its reach within underserved rural populations. The tenant executed a fresh 15-year NNN lease commencing June 2025, featuring two percent annual rent increases throughout the base term and all renewal options. With landlord responsibilities limited to structure only, the investment offers predictable, passive cash flow with no exposure to operational costs.
Constructed in 2025, the asset delivers a modern medical layout on a well-configured 0.52-acre parcel, supporting efficient patient flow and streamlined clinic operations. The property’s alignment with Hot Springs’ growing healthcare sector and its proximity to national park attractions, lodging clusters, and major highways reinforces long-term location strength. Investors benefit from a combination of creditworthy tenancy, fresh construction, and durable lease economics in an established regional hub.
Together, these fundamentals position the property as a reliable, income-oriented medical investment with built-in growth and minimal management burden—ideal for both private buyers and institutional portfolios seeking stable healthcare-retail exposure.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,800 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$4,402,349 CAD
Price Per SF
$1,572.27 CAD
Cap Rate
7%
NOI
$308,164 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.11
Lot Size
0.59 AC
Parking
15 Spaces (5.36 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
300-07683-000
Land Assessment
$81,093 CAD
Improvements Assessment
$0 CAD
Total Assessment
$81,093 CAD
  • Listing ID: 39399072

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 3301 Central Ave, Hot Springs National Park, AR 71913

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}