Child Care
Miracle Kids (2024 Renovation)
1340 S Waldron Rd, Fort Smith, AR 72903
Listing Price: $3,046,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Miracle Kids in Fort Smith, AR. The property underwent a significant renovation in 2024, with landlord and tenant investing nearly $2 million into the improvements. In total, the offering encompasses 36,136 square feet across a 9.28-acre parcel, including a 30,456-SF purpose-built facility with ample parking. A separate 5,680-SF warehouse situated on 0.83 acres is leased to Momo’s Storage at $6,000 annually through June 2026 with no landlord maintenance obligations, providing supplemental income and underscoring the inherent value of the excess land and improvements.
Miracle Kids (2024 Renovation)
Investment 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
- Proximity to University of Arkansas – Fort Smith (1.1 Miles Way) With 6,500+ Students and Faculty
Listing Price: $3,046,000
Investment 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
- Proximity to University of Arkansas – Fort Smith (1.1 Miles Way) With 6,500+ Students and Faculty
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a double net lease Miracle Kids in Fort Smith, AR. The property underwent a significant renovation in 2024, with landlord and tenant investing nearly $2 million into the improvements. In total, the offering encompasses 36,136 square feet across a 9.28-acre parcel, including a 30,456-SF purpose-built facility with ample parking. A separate 5,680-SF warehouse situated on 0.83 acres is leased to Momo’s Storage at $6,000 annually through June 2026 with no landlord maintenance obligations, providing supplemental income and underscoring the inherent value of the excess land and improvements.
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