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1340 S Waldron Rd
Fort Smith, AR 72903 Fort Smith Northside

$3,046,000 USD

Medical For Sale  •  35,680 SF

Property Details

• Property Type Medical
• Total Building Size 36,136 SF
• Lot Size 9.28 AC
• Building Class B
• Year Built 1989
• Cap Rate 7.70 %
• Tenancy Multiple
• Zoning none

0 Transit Score

55 Walk Score

Highlights

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

Cap Rate:

7.70 %

Public Transportation

Airport	Drive	Walk	Distance
Fort Smith Regional	10 min	-	3.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	226
Type:	Surface
Included in Rent:	Yes