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1 Mercy Ln 3,893 SF Office/Medical Condo Unit Offered at $946,500 CAD in Hot Springs, AR 71913
Investment Highlights
- • Four to five offices including executive suite
- • Prime Hot Springs location in a bustling corridor with nearby shopping, dining, and restaurants
- • Five exam rooms, meeting/training room, break room
- • Adjacent to CHI St. Vincent Hospital
Executive Summary
Located in the heart of Hot Springs, Arkansas, 1 Mercy Lane offers a well-positioned property with convenient access to the city’s established commercial and institutional corridors. The site benefits from a central location near major roadways, surrounding services, and a mix of residential, medical, and professional uses that support steady traffic and visibility. The property is well suited for a variety of potential uses, including office, medical, or service-oriented occupancy, and provides an attractive option for users seeking a strategic location in the Hot Springs market.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Sale Notes
- Suite 4-C: 3,893 SF
- Lease rate: $18.00/SF, NNN (HPR fees + utilities)
Offering price: $689,000
Located in the heart of Hot Springs, Arkansas, 1 Mercy Lane offers a well-positioned property with convenient access to the city’s established commercial and institutional corridors. The site benefits from a central location near major roadways, surrounding services, and a mix of residential, medical, and professional uses that support steady traffic and visibility. The property is well suited for a variety of potential uses, including office, medical, or service-oriented occupancy, and provides an attractive option for users seeking a strategic location in the Hot Springs market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4-C | 3,893 SF | Office/Medical | $946,500 CAD ($243.13 CAD/SF) | - |
Unit 4-C
| Unit Size |
| 3,893 SF |
| Condo Use |
| Office/Medical |
| Price |
| $946,500 CAD ($243.13 CAD/SF) |
| NOI |
| - |
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Unit 4-C
| Unit Size | 3,893 SF |
| Condo Use | Office/Medical |
| Price | $946,500 CAD ($243.13 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Notes | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Suite 4-C: 3,893 SF<br> </li><li> Lease rate: $18.00/SF, NNN (HPR fees + utilities)<br> Offering price: $689,000<br> Located in the heart of Hot Springs, Arkansas, 1 Mercy Lane offers a well-positioned property with convenient access to the city’s established commercial and institutional corridors. The site benefits from a central location near major roadways, surrounding services, and a mix of residential, medical, and professional uses that support steady traffic and visibility. The property is well suited for a variety of potential uses, including office, medical, or service-oriented occupancy, and provides an attractive option for users seeking a strategic location in the Hot Springs market.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 135,126 SF | Floors | 5 |
| Property Type | Office (Condo) | Typical Floor Size | 27,025 SF |
| Property Subtype | Medical | Year Built | 1993 |
| Building Class | B | Lot Size | 1.05 AC |
| Zoning | PD | ||
| Total Building Size | 135,126 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 27,025 SF |
| Year Built | 1993 |
| Lot Size | 1.05 AC |
| Zoning | PD |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Not bikeable
10/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1 Mercy Ln
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