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First-Floor Professional Office Space
For Lease
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1656 Malvern Ave, Hot Springs, AR 71901

Professional office space features multiple private offices, reception, waiting area, and a large sun porch.

Space Size2,492 SF
Days on Market339

Property Features for 1656 Malvern Ave

General Information

Standard status Active
Size 2,492 SF
Property subtype OFFICE
Zoning C-N
Lease Type Modified Gross

Site & Location

Highway Access Yes
Road Access Yes

Amenities

shared outdoor pavilion with grill

Spaces For Lease

at 1656 Malvern Ave
1656 Malvern Ave $3,500/Mo
Floor 1
Size 2,492 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Availability AVAILABLE
2,492sf +/- professional office space (1st floor only) Great location on US Hwy 270B Near National Park Medical Center 4 offices, waiting area, reception, kitchen Large sun porch with great views Plenty of built-ins and sinks Bonus shared outdoor pavilion with grill Zoned C-N (Neighborhood Commercial)
Contact us
Listing Agency: Colliers - Hot Springs
Listed By: Brian Gehrki
Source: Moodyscre
Added: Nov 18, 2025 Changed: Oct 3 Last Checked: Oct 20 at 11:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Hot Springs

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Investment Insights

Based on property information with market context.

Available for rent is 2,492± square feet of professional office space located on the first floor only. The layout includes four offices plus a waiting area and reception, along with a kitchen and built-in improvements throughout. The suite also offers a large sun porch with views and includes sinks and built-ins for day-to-day functionality.

The property is positioned in a great location on US Hwy 270B and is near National Park Medical Center. The space is zoned C-N (Neighborhood Commercial). A bonus shared outdoor pavilion with a grill is also included for added outdoor gathering space.

Key Highlights

  • 2,492 SF +/- professional office space on the 1st floor
  • US Hwy 270B location near National Park Medical Center
  • Layout includes 4 offices plus a waiting area and reception

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Luke Kauffman DDS ... Dental Office Luke Barnes Kauffman Dental Office

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Auto Parts Store Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.53 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

476
Businesses Nearby

Demographics for 71901, AR

29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Hot Springs, AR

$15.83 /SF/Yr
Avg Asking Price
$6.78–$31.58 /SF/Yr
Price Range
10,729 SF
Avg Space Size

This space is priced 6% above the average of $15.83 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Professional office space features multiple private offices, reception, waiting area, and a large sun porch.
Where is this office unit located?
The property is located at 1656 Malvern Ave Hot Springs, AR.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 2,492 SF +/- professional office space on the 1st floor; US Hwy 270B location near National Park Medical Center; Layout includes 4 offices plus a waiting area and reception
(501) 623-2200 Call to check price and availability
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