For Sale
$2,175,000

1003 Schneider Dr Malvern, AR 72104-4823

14,463 SF Medical Office, $2.175M

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 14,463-square-foot medical office building is situated on approximately 0.41 acres on the Baptist Health Medical Center campus in Malvern, Arkansas. The property, built in 2004, features two front entrances with separate waiting rooms, enhancing patient flow and privacy. The well-designed layout includes 22 exam rooms, three nurses' stations with four sub-waiting areas, nine offices, and six bathrooms, providing ample space for a variety of medical practices. A significant advantage is the large parking lot with 88 spaces, offering a generous parking ratio of over six spaces per 1,000 square feet. The property is zoned C-4 and is offered with a ground lease with 45 years remaining. The asking price is $2,175,000, translating to $150.38 per square foot. This presents a unique opportunity to acquire a well-established medical office building in a prime location with excellent access and ample parking. The property's existing infrastructure and convenient location make it an ideal investment for healthcare providers or investors seeking a strong return.

Highlights

  • $2,175,000 asking price for this 14,463 square foot medical office building.
  • Located on the Baptist Health Medical Center campus in Malvern, AR.
  • Features 22 exam rooms, 3 nurses' stations, 9 offices, and 6 bathrooms.
  • Ample parking with 88 spaces (6+ per 1,000 sq ft).
  • 0.41-acre lot with a 45-year remaining ground lease.
  • C-4 zoning.

Property Details for 1003 Schneider Dr

Property type
Office properties, Medical offices
Square Feet
14,463 SF
Year Built
2004
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Malvern
County
Hot Spring
State
Arkansas

FAQs

What type of property is this?
Office property - 14,463 SF Medical Office, $2.175M
Where is the office property located?
The property is located at 1003 Schneider Dr Malvern, AR.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: $2,175,000 asking price for this 14,463 square foot medical office building.; Located on the Baptist Health Medical Center campus in Malvern, AR.; Features 22 exam rooms, 3 nurses' stations, 9 offices, and 6 bathrooms.
How can I contact the broker?
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1003 Schneider Dr
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