Boston Mountain Clinic Opens in AR
- May 30, 2017
Boston Mountain Rural Health Center leased 4,300 square feet of office and clinical space at The Park Shopping Center, Holiday Island, Ark., according to Lovely County Citizen. This marks the second medical facility in the area and provides affordable family medicine, pediatric care, women’s health, behavioral health and nutrition services.
Located at 1 Park Drive, just off Route 23, the building is part of The Park at Holiday Island, a complex developed by Holiday Island Holdings Inc. between 1995 and 2010. The development includes around 128,000 square feet of retail, professional, medical, office and storage space and has a 95 percent occupancy rate. The Park has more than 50 tenants and is located in an area with a consumer base of 25,000 within a 20-mile radius.
“This development widely expands the health and medical services in the area. And, as previously mentioned, it is meaningful to our acquisition pursuit of Clinic 1, Clinic 11 and the Heliport,” said Gene Thompson, CEO of Holiday Island Holdings, in prepared remarks. “A successful acquisition of these medical clinics would immediately give the Company high yield and occupancy income-producing real estate properties and $1.5 million in fixed assets. Plus, it would give us a monopoly on the local medical services. Eventually, Boston Mountain Medical will bring in medical specialists that we believe will fill up Holiday Island’s Medical Clinic 11 that is now dormant and they will provide medical services conveniently and affordably to the area that are not otherwise available.”
Boston Mountain Rural Health Center operates 11 medical clinics in underserved areas in northwest, northeast and central Arkansas for insured, uninsured and underinsured patients.
Image courtesy of Holiday Island Holdings Inc.