New 10-Year Lease Signed in 2022
– New 10-Year Lease signed in 2022, with limited landlord responsibilities.
– 3.00% annual rent increases, including the option periods.
– The tenant has two five-year options to renew at the expiration of the 10-year initial term.
Corporate Guaranty from Hopebridge Autism Therapy (115+ Locations)
– Hopebridge is a healthcare provider committed to providing personalized therapy for children and their families as they navigate behavioral, physical, social, communication and sensory differences, helping them live their best life possible.
– The plans center around early intensive behavioral intervention (EIBI), which focuses on ages 18 months to 7 years in order to achieve the best possible outcomes.
– Hopebridge Autism Therapy currently operates over 115 locations across twelve states.
Hopebridge Acquired by Arsenal Capital Partners in 2019
– Arsenal is a leading private equity firm that specializes in investments in middle-market specialty industrials and healthcare companies.
– Since its inception in 2000, Arsenal has raised institutional equity investment funds of $5.3 billion, completed 41 platform investments, and achieved 30 realizations.
– Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience and seeks companies typically in the range of $100 million to $500 million of initial
enterprise value.
Highly Trafficked Retail Corridor (65,000+ Cars per Day) Outside of Little Rock
– Little Rock is situated in central Arkansas and is the state’s capital city, as well as the cultural and economic center.
– The region is known as a hub for government jobs, yet it also boasts a sizable medical services sector.
– The metro is composed of six counties, and its population is expected to swell by nearly 23,000 people in the next five years, with Pulaski and Faulkner counties being epicenters of the growth.
– Cultural amenities in the region include the Arkansas Symphony Orchestra, Arkansas
