1900 Malvern Ave - Hospitals CONDO FOR SALE


Hot Springs, AR 71901
$1,495,000 USD
501-944-0832
1900 Malvern Ave, Hot Springs, AR for Sale
$1,495,000 USD
Hospitals CONDO - FOR SALE
1/15
null | Request Cap Rate

1900 Malvern Ave
Hot Springs, AR 71901


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.

OVERVIEW

• 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

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income-Producing Medical Condo

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

6,650 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,037 SF

ZONING

PDD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bill PuddephattKelley Commercial PartnersMore Info
501-944-0832

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Bill PuddephattKelley Commercial PartnersMore Info
501-944-0832

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.