2906 Market Street - VA Leased Invesment in Pine Bluff, AR

2906 Market Street Pine Bluff, AR 71601

2906 Market Street, Pine Bluff, AR, 71601
2906 Market Street, Pine Bluff, AR, 71601 2906 Market Street, Pine Bluff, AR, 71601 2906 Market Street, Pine Bluff, AR, 71601 2906 Market Street, Pine Bluff, AR, 71601 2906 Market Street, Pine Bluff, AR, 71601
FOR SALE
Property Type:
Medical/Healthcare
Amount:
$1,724,690
Last Verified:
Sep 13, 2024

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Highlights

  • - 9,900 SF purpose-built standalone facility
  • - Built in 2020 with modern amenities
  • - 100% occupancy with a firm term lease
  • - Fully guaranteed by the US Government
  • - Long-term lease commitment for reliable income
  • - Tailored for the Veterans Administration
  • - Situated on 1.62 acres for potential growth

Description

This investment offers the stability of a 10-Year Firm Lease with 6 years remaining, backed by the full faith and credit of the US Government, ensuring you reliable income. The standalone VA facility was purpose-built as a build to suit, meeting the Veterans Administration's specific requirements and providing a committed tenant. With a generous building area of 9,900 square feet on 1.62 acres, there's room for growth and expansion to enhance the investment's value. Situated just 45 minutes from Little Rock, AR, this property offers prime accessibility and access to a broad market.

The Department of Veterans Affairs facility at 2906 Market Street in Pine Bluff, Arkansas, is situated in the heart of this historic city. Pine Bluff, known for its rich heritage and scenic beauty, is a welcoming and accessible location for veterans seeking healthcare services and support.

The facility is conveniently located within the city, offering easy access to local amenities and resources. Pine Bluff's welcoming atmosphere and supportive community make it an ideal setting for the Department of Veterans Affairs to provide essential services to our nation's veterans.

Surrounded by a mix of commercial and residential areas, the 2906 Market Street location offers a convenient and central point for veterans to access the care and assistance they need.


Year Built: 2020
Building Size: 9900sq ft
Building Class: A
Lot Size: 1.62 acres

Map of 2906 Market Street, Pine Bluff, AR, 71601

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.