Medical Office Building

Description:

Introducing a prime opportunity for office or medical investors in Hot Springs National Park, AR. This meticulously maintained property boasts a spacious 7,089 SF building, offering a single unit ideal for a medical practice or professional office space. Built in 2002, the property features modern amenities and a well-designed layout to cater to the needs of healthcare or business professionals. The strategic location within the Hot Springs area enhances the property's appeal, while the established occupancy reflects its desirability. Don't miss the chance to capitalize on this turnkey investment in a thriving market.


Explore the thriving commercial real estate market in Hot Springs National Park, AR, offering a strategic location for office or medical investors. The area is renowned for its natural beauty, with the Ouachita Mountains providing a scenic backdrop. Investors will appreciate the close proximity to Bathhouse Row, a historic district featuring the famous hot springs and luxurious spas, making it an attractive draw for medical practices. Additionally, the vibrant downtown area offers an array of dining, shopping, and entertainment options, catering to the needs of professionals and patients alike. With its blend of natural charm and business potential, the Hot Springs market presents a compelling opportunity for office and medical investment.


 

Investment Highlights – Hot Springs, AR

 

Property Type: Office / Medical

Building Size: 7,089 SF

Year Built: 2002

Tenant: Single-Tenant (Medical/Professional)

Lease Type: NNN

 

 

Location Advantages

 



Heart of Hot Springs National Park, AR


Minutes from medical centers & Bathhouse Row


Strong medical & professional office demand


Surrounded by shopping, dining, & lifestyle amenities



 

 

Lease Terms

 



Lease Start: November 2021


Lease Term: 10 Years (through Oct 2031)


Options: Two (2) – 5-Year Extensions


Initial Rent: $20/SF NNN ($11,730/mo)


Annual Increases: Approx. 3%


Initial Gross Rent: $13,472/mo (Base + TICAM)



 

 

Investment Upside

 



Long-term stability with structured rent escalations


Turnkey medical/professional office opportunity


High-growth market with strong healthcare & service sector demand


Consistent cash flow + appreciation potential

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