Listed by Kelley Commercial Partners
$1,495,000
Income-Producing Medical Condo for Sale
Details
Property Type Office
Sub Type Medical Office
Square Footage 6,650
Tenancy Single
Brand/Tenant DaVita, Inc.
Lease Type NNN
Rent Bumps Yes
Year Built 1985
Buildings 4
Zoning PDD
Investment Type Net Lease
Tenant Credit Corporate Guarantee
1900 Malvern Ave, Suite 102, Hot Springs National Park, AR 71901
Marketing description
Suite 102: ±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
Located at a signalized intersection at Malvern Avenue & Hollywood Drive
Investment highlights
- 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
Listing Contacts
Listed by Kelley Commercial Partners
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