Medical Office Suite at Signalized
1900 Malvern Ave Suite 102 Hot Springs National Park, AR 71901
New
For Sale
Contact for pricing
Suite 102 offers approximately 6,650 SF of medical clinic space for sale, with the option to buy as part of a four-property portfolio.
Property Size6,650 SF
Price / SF$224.81
Days on Market6
Property Features for 1900 Malvern Ave Suite 102
General Information
- Standard status
- Active
- Size
- 6,650 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing Agency:
Kelley Commercial Partners
(501) 944-0832
Listed By:
Bill Puddephatt, CCIM · License #AR AB00033967
Source:
Crexi
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 26 at 3:47PM
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 Kelley Commercial Partners
Investment Insights
Based on property information with market context.
Suite 102 is a medical clinic space available for sale, totaling approximately 6,650 SF. The offering can be purchased as a stand-alone opportunity or as part of a four-property portfolio of income-producing medical offices.
The suite is located at a signalized intersection at Malvern Avenue and Hollywood Drive, providing straightforward access for clinic operations.
This listing presents a purpose-built medical office configuration within a larger portfolio option, depending on the buyer’s approach.
The suite is located at a signalized intersection at Malvern Avenue and Hollywood Drive, providing straightforward access for clinic operations.
This listing presents a purpose-built medical office configuration within a larger portfolio option, depending on the buyer’s approach.
Key Highlights
- Approximately 6,650 SF medical clinic space (Suite 102) for sale
- Offered as a stand‑alone opportunity or as part of a four‑property portfolio of income‑producing medical offices
- Located at the signalized intersection of Malvern Avenue and Hollywood Drive
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.7k | $17.40 |
| − Vacancy | −$8.7k | −$1.31 |
| EGI | $107.0k | $16.10 |
| − OpEx | −$42.8k | −$6.44 |
| NOI | $64.2k | $9.66 |
6,650 SF · lease $17.40/SF/yr · vacancy 7.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$917.4K
$802.7K – $1.07M
NOI $64,219 @ 7.0% cap · market cap 4.30%
Second Best
Office B
$912.1K
$798.1K – $1.06M
NOI $63,848 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,131 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Heart & Vascular Institute ...
Medical Clinic
Hot Springs Vein ...
Medical Clinic
Suchita Varhade, DO
Physician
Keith Thomae, MD, ...
Physician
Phoebe Griffin, MD
Physician
Similar Off Market Nearby
- The Pet Clinic — 401 Golf Links Rd, Hot Springs, AR 71901
- Hot Springs Animal Hospital — 1533 Malvern Ave, Hot Springs, AR 71901
- Peters Brian DVM — 1533 Malvern Ave, Hot Springs, AR 71901
- Kessler Stephanie DVM — 1533 Malvern Ave, Hot Springs, AR 71901
- Johnson Stacy DVM — 1533 Malvern Ave, Hot Springs, AR 71901
FAQs
What type of property is this?
Medical Office Space - Suite 102 offers approximately 6,650 SF of medical clinic space for sale, with the option to buy as part of a four-property portfolio.
Where is this medical office space located?
The property is located at 1900 Malvern Ave Suite 102 Hot Springs National Park, AR.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Approximately 6,650 SF medical clinic space (Suite 102) for sale; Offered as a stand‑alone opportunity or as part of a four‑property portfolio of income‑producing medical offices; Located at the signalized intersection of Malvern Avenue and Hollywood Drive
