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1900 Malvern Ave
Hot Springs, AR 71901

$1,495,000 USD

Hospital Condo For Sale  •  6,650 SF

Property Details

  • Property Type Hospital
  • Total Building Size 6,650 SF
  • Lot Size 0.35 AC
  • Building Class B
  • Year Built 1985
  • Zoning PDD
0 Transit Score
25 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 102 Medical 6,650 SF $1,495,000 USD
  • Unit Size: 6,650 SF
  • Condo Use: Medical
  • Price: $1,495,000 USD
  • Sale Type: Investment
  • Price/SF: $224.81 USD
Description
±6,650 SF medical clinic available for sale, offered as a stand-alone opportunity or part of a four-property portfolio of income-producing medical offices

Sale Notes
• Long-term lease (NNN) in place with annual escalations to an established credit tenant
• Fully renovated ground-floor clinic with high-end finishes for Heart Clinic
• Located on the first floor of the Ouachita Professional Medical Building (HPR) in the heart of Hot Springs’ medical corridor
• Connected to National Park Medical Center
• Easy access to MLK Expressway and major arterials
• Signalized intersection at Malvern Avenue & Hollywood Drive
• Surrounded by medical offices, hospital, Hot Springs Country Club, Oaklawn Casino Resort, banks, restaurants, and services
• Zoned PDD

Description 

1900 Malvern Ave, Suite 102 | Hot Springs, AR ±6,650 SF medical clinic available for sale, offered as a stand-alone opportunity or part of a four-property portfolio of income-producing medical offices.

Highlights

±6,650 SF medical clinic available for sale, offered as a stand-alone opportunity or part of a four-property portfolio of income-producing medical off
Long-term lease (NNN) in place with annual escalations to an established credit tenant.
Fully renovated ground-floor clinic with high-end finishes for Heart Clinic.
Located on the first floor of the Ouachita Professional Medical Building (HPR) in the heart of Hot Springs’ medical corridor.
Connected to National Park Medical Center & positioned at a signalized intersection.
Easy access to MLK Expressway and major arterials and surrounded by medical offices, hospital, Hot Springs Country Club, Oaklawn Casino Resort.

Property Flyers

Financial Summary

Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
DaVita Kidney Care
National Park Medical 11/1/2034
Bill Puddephatt, CCIM 501-944-0832 Kelley Commercial Partners
Bill Puddephatt, CCIM 501-944-0832 Kelley Commercial Partners