Retail Suite at Oaklawn
For Lease
$2,000/Mo
2918 CENTRAL, Hot Springs, AR 71913
COMMERCIAL - Hot Springs, AR
Space SizeContact for details
Days on Market51
Property Features for 2918 CENTRAL
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C-R Reg Comm District
Zoning description
C-R Reg Comm District
Subdivision
OBryans
Directions
From HSBOR Turn right on Orange, turn right onto central avenue. Go about 1.7 miles on central. On the right look for Realty Sign.
Standard status
Active
Size
850 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
Block B, Pt of Lot 3 & 5 and all of Lot 4, O'Bryans Subdivision, Garland County, AR
Tax Annual Amount
4405
Legal Description
Block B, Pt of Lot 3 & 5 and all of Lot 4, O'Bryans Subdivision, Garland County, AR
Building Details
Year built
1970
Floors in Building
1
Flooring type
Vinyl
Listing Agency:
ESQ. Realty Group
(501) 255-0509
Listed By:
Ismael Aguirre-Rivera · License #SA00097518
(501) 655-1122
Added: Jun 23
Changed: Aug 4
Last Checked: Aug 12 at 1:06PM
MLS# 156085
Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A retail suite is available for lease at Oaklawn Plaza, located directly in front of Oaklawn Hotel and Casino. The plaza offers retail, office, and liquor space along Central Avenue, providing a built-out setting for compatible commercial uses. The property is situated within the C-R Reg Comm District zoning classification.
The suite is positioned on Hot Springs’ most heavily trafficked central avenue corridor. Public remarks indicate an estimated 40,000+ vehicles per day between Central Avenue and Higdon Ferry Road, connected by Vineyard St., supporting 24/7 business and tourist traffic. The location is also noted as next to Sonic, with surrounding restaurants, hotels, and growing residential communities.
The suite is positioned on Hot Springs’ most heavily trafficked central avenue corridor. Public remarks indicate an estimated 40,000+ vehicles per day between Central Avenue and Higdon Ferry Road, connected by Vineyard St., supporting 24/7 business and tourist traffic. The location is also noted as next to Sonic, with surrounding restaurants, hotels, and growing residential communities.
Key Highlights
- Commercial retail/office suite for lease on Hot Springs’ highest‑trafficked Central Avenue
- Located in front of Oaklawn Hotel and Casino within Oaklawn Plaza
- High‑visibility frontage on Central Avenue between Central Avenue and Higdon Ferry Road with an estimated 40,000+ vehicles/day
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$4.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
Market
Lease Benchmarks for Hot Springs, AR
$18.57 /SF/Yr
Avg Asking Price
$10.43–$28.24 /SF/Yr
Price Range
3,341 SF
Avg Space Size
This space is priced 52% above the average of $18.57 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail suite available in Oaklawn Plaza, positioned along Central Avenue in front of Oaklawn Hotel and Casino.
Where is this retail space located?
The property is located at 2918 CENTRAL Hot Springs, AR.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Commercial retail/office suite for lease on Hot Springs’ highest‑trafficked Central Avenue; Located in front of Oaklawn Hotel and Casino within Oaklawn Plaza; High‑visibility frontage on Central Avenue between Central Avenue and Higdon Ferry Road with an estimated 40,000+ vehicles/day
