Investment Overview

Marcus & Millichap is pleased to present 114 E 49th ST, a 7,266 gross square foot medical office building located in Texarkana, Arkansas (“Property”). The Property was constructed in 2018 and is situated on 0.83 acres land. The Property has approximately 50 surface spots at a 6.88/1,000 ratio. The Property is being sold vacant and is well suited for an owner- user or opportunistic investor who is seeking a well-located, high-quality facility in a growing regional market. The building previously operated as an optometry practice and received over $800,000 in tenant improvements. Zoned C- Commercial, the Property supports a wide range of potential uses- including medical, office, retail, wellness, and other professional services- giving investors multiple avenues to reposition or re-tenant the asset for maximum value. The Property is located just off Stateline Avenue and Interstate 30, with immediate access to I-30 and strong visibility within a major traffic corridor. Interstate 30 carries approximately 39,000+ vehicles per day and U.S Highway 71 carrying over 25,000+ vehicles per day, enhancing both exposure and accessibility for future tenants or owner- users.