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Property profile & analytics
OFF-MARKET
Office buildings

1601 Martin Luther King Blvd Malvern, AR 72104-2016

70,346 SF 8.29 ac lot Built 1988
Entity Owned 1-yr Hold Free & Clear
Property ID
US05-1354656
Property summary
AI-generated overview

This exceptional 70,000-square-foot industrial warehouse in Hot Spring County presents a unique leasing opportunity. The property boasts a versatile layout, ideally suited for a variety of uses. A significant portion of the building, approximately 50,000 square feet, comprises a fully furnished and climate-controlled former call center, offering immediate occupancy potential for a business requiring ready-to-use office space. The remaining 20,000 square feet is dedicated warehouse space, featuring two dock-high loading doors and impressive 18-foot ceilings, providing ample room for storage and distribution operations. Currently, 7,000 square feet is vacant, offering flexibility for tenant customization. The property enjoys a highly desirable location on Martin Luther King Blvd, benefiting from exceptional visibility and high traffic counts, averaging approximately 20,000 vehicles daily. Convenient access to Interstate 30 ensures seamless regional connectivity. Ample parking is provided, with a generous ratio of 7.2 spaces per 1,000 square feet. Lease rates are negotiable, making this an attractive proposition for businesses seeking a well-equipped, strategically located warehouse facility. The property is ready for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 70,346 SF
Lot 8.29 ac (361,112 SF)
APN 700-05892-001
UPID US05-1354656
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Little Lambs Learning Center Daycare Center Foster Care Service
  • Arkansas Warehouse and Transload Warehouse & Storage
  • U-Haul Neighborhood Dealer Car Rental Facility
  • LV Nails & Spa Nail Salon
  • Malvern National Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Prime Malvern Plaza LLC · 1 yrs held
Prime Malvern Plaza LLC
since 2024
Last sale
$65,708
2 recorded transactions
2024
$60,407
2012
$65,708
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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