Healthsouth Building | 8821 Knoedl Ct
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Healthsouth Building 8821 Knoedl Ct
17,000 SF 100% Leased Office Building Little Rock, AR 72205 $4,999,999 ($294/SF)
Investment Highlights
- Direct access to Interstate 630
- NNN Investment opportunity
Executive Summary
Great opportunity to own a true NNN property! This specialized pharmaceutical laboratory is strategically located at 8821 Knoedl Ct, Little Rock, AR 72205. Its proximity to healthcare facilities such as Baptist Health Medical Center (1.1 miles), St. Vincent Medical Center (2.3 miles), and Arkansas Heart Hospital (2.3 miles) contributes to the strong demand for pharmaceutical services in the area. This property offers stable and consistent cash flow with a long-term lease agreement in place. The tenant's strong rental history and the nature of the pharmaceutical industry add to the stability of this investment opportunity.
The tenant operates an FDA-approved 503B (Lab Class S2) compounding pharmaceutical outsourcing facility. This industry has high barriers to entry, and the tenant is one of only 73 FDA-approved facilities in the nation and the sole facility in Arkansas. The tenant has made significant significant investments in critical infrastructure, including backup generators, HVAC systems, electrical systems, alarm systems, and clean rooms, to meet stringent quality standards.
The tenant operates an FDA-approved 503B (Lab Class S2) compounding pharmaceutical outsourcing facility. This industry has high barriers to entry, and the tenant is one of only 73 FDA-approved facilities in the nation and the sole facility in Arkansas. The tenant has made significant significant investments in critical infrastructure, including backup generators, HVAC systems, electrical systems, alarm systems, and clean rooms, to meet stringent quality standards.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
17,000 SF
Building Class
C
Year Built
1991
Price
$4,999,999
Price Per SF
$294
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,270 SF
Building FAR
0.24
Lot Size
1.60 AC
Zoning
O-3 - S-2 Lab
Parking
44 Spaces (3.74 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 44L-017-04-002-00 | Improvements Assessment | $478,444 |
Land Assessment | $101,756 | Total Assessment | $580,200 |
PROPERTY TAXES
Parcel Number
44L-017-04-002-00
Land Assessment
$101,756
Improvements Assessment
$478,444
Total Assessment
$580,200
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Healthsouth Building | 8821 Knoedl Ct
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