Log In/Sign Up
Your email has been sent.
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

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.
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)
1 1
Property Taxes
| Parcel Number | 300-07683-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $81,093 CAD | Total Assessment | $81,093 CAD |
Property Taxes
Parcel Number
300-07683-000
Land Assessment
$81,093 CAD
Improvements Assessment
$0 CAD
Total Assessment
$81,093 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3301 Central Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
