{"id":2955,"date":"2025-05-08T17:33:36","date_gmt":"2025-05-08T17:33:36","guid":{"rendered":"https:\/\/www.bouldergroup.com\/blog\/?p=2955"},"modified":"2025-05-08T17:33:36","modified_gmt":"2025-05-08T17:33:36","slug":"net-leased-mercy-health-medical-office-building-sold","status":"publish","type":"post","link":"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/","title":{"rendered":"Net Leased Mercy Health Medical Office Building Sold"},"content":{"rendered":"<p>The Boulder Group has completed the sale of a single tenant Mercy Health medical office building located at 325 South 6<sup>th<\/sup> Place in Lowell, AR for $4,900,000. The Boulder Group\u2019s Zach Wright and Brandon Wright exclusively represented the seller in the transaction. The seller was a Midwest-based real estate investment firm and the purchaser was a local investor in a 1031 exchange.<\/p>\n<p>The 15,000 square foot Mercy Health property is a family medicine and pediatric doctor\u2019s office. The property is strategically located along Interstate 49 with visibility to 90,000 vehicles per day. The immediate area is rapidly growing with almost 4% projected annual population growth within a mile. The property is adjacent to the headquarters of J.B. Hunt, one of the world\u2019s largest trucking companies and ranked 316 on the Fortune 500 list. The surrounding area is extremely affluent with average annual household income of $132,000 within three miles<\/p>\n<p>Mercy Health has successfully operated at this property for approximately twenty years and recently signed a new long-term lease extension. The triple net lease includes 2% annual rental increases. Mercy Health is one of the largest health systems in the U.S. and the tenant is a wholly owned subsidiary.<\/p>\n<p>\u201cWell-located STNL medical properties are becoming highly sought after amongst private investors and private 1031 exchange buyers. We continue to see a \u201cretailization\u201d of medical investment properties. Due to the strong demand for STNL medical properties and properties in Northwest Arkansas, we were able to generate ten offers,\u201d stated Zach Wright, Vice President.<\/p>\n<p>\u201cInvestors are paying premiums for single tenant medical properties with proven successful operating histories and new lease extensions, such as the Mercy Health doctor\u2019s office,\u201d added Brandon Wright, Associate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Boulder Group has completed the sale of a single tenant Mercy Health medical office building located at 325 South 6th Place in Lowell, AR for $4,900,000. The Boulder Group\u2019s Zach Wright and Brandon Wright exclusively represented the seller in the transaction. The seller was a Midwest-based real estate investment firm and the purchaser was [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[388],"tags":[],"class_list":["post-2955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-lease-sold"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Net Leased Mercy Health Medical Office Building Sold - The Boulder Group<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Leased Mercy Health Medical Office Building Sold - The Boulder Group\" \/>\n<meta property=\"og:description\" content=\"The Boulder Group has completed the sale of a single tenant Mercy Health medical office building located at 325 South 6th Place in Lowell, AR for $4,900,000. The Boulder Group\u2019s Zach Wright and Brandon Wright exclusively represented the seller in the transaction. The seller was a Midwest-based real estate investment firm and the purchaser was [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/\" \/>\n<meta property=\"og:site_name\" content=\"The Boulder Group\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BoulderGroup\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-08T17:33:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bouldergroup.com\/blog\/wp-content\/uploads\/2025\/05\/Mercy-Health-Cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1239\" \/>\n\t<meta property=\"og:image:height\" content=\"714\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Randy B.\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thebouldergroup\" \/>\n<meta name=\"twitter:site\" content=\"@thebouldergroup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Randy B.\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/\",\"url\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/\",\"name\":\"Net Leased Mercy Health Medical Office Building Sold - The Boulder Group\",\"isPartOf\":{\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#website\"},\"datePublished\":\"2025-05-08T17:33:36+00:00\",\"dateModified\":\"2025-05-08T17:33:36+00:00\",\"author\":{\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#\/schema\/person\/d0659a98645d2414d13cc9b2de3bc419\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.bouldergroup.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Net Leased Mercy Health Medical Office Building Sold\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#website\",\"url\":\"https:\/\/www.bouldergroup.com\/blog\/\",\"name\":\"The Boulder Group\",\"description\":\"Net Lease Properties For Sale\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bouldergroup.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#\/schema\/person\/d0659a98645d2414d13cc9b2de3bc419\",\"name\":\"Randy B.\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.bouldergroup.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a234b06fc5b80d1ced7d37f9f522619e4db2c7bee14c321130762123c2b703b3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a234b06fc5b80d1ced7d37f9f522619e4db2c7bee14c321130762123c2b703b3?s=96&d=mm&r=g\",\"caption\":\"Randy B.\"},\"sameAs\":[\"http:\/\/www.bouldergroup.com\"],\"url\":\"https:\/\/www.bouldergroup.com\/blog\/author\/randy\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Net Leased Mercy Health Medical Office Building Sold - The Boulder Group","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bouldergroup.com\/blog\/net-leased-mercy-health-medical-office-building-sold\/","og_locale":"en_US","og_type":"article","og_title":"Net Leased Mercy Health Medical Office Building Sold - The Boulder Group","og_description":"The Boulder Group has completed the sale of a single tenant Mercy Health medical office building located at 325 South 6th Place in Lowell, AR for $4,900,000. 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