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Multi-Building Retail Center
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5401 Central Ave, Hot Springs National Park, AR 71913

Three retail buildings totaling 17,248 SF with 55 parking spaces and frontage on AR Hwy 7.

Space Size2,200 SF
Lot Size1.38 Acres
Days on Market807

Property Features for 5401 Central Ave

General Information

Standard status Active
Size 2,200 SF
Total Parking Spaces 55
Lot size 1.38 Acres
Property subtype RETAIL

Site & Location

Traffic Count 19,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 5401 Central Ave Contact us

Retail For Lease $12/SF/Yr

Floor
1
Size
2,200 SF
Type
RETAIL
Availability
AVAILABLE, Now
• Suite is unfinished with tenant finish allowance • Pylon sign on Highway 7 •...
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Listing Agency: Colliers - Hot Springs
Listed By: Karolyn Fankhouser · License #EB00044496
Source: Moodyscre
Added: May 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Hot Springs

Investment Insights

Based on property information with market context.

This for-sale retail center includes three buildings totaling 17,248 SF on a lot of approximately 1.38 acres. The property is described as having a mixed-use tenant base and includes 55 parking spaces to support everyday customer and tenant access.

The center is located outside city limits with frontage on AR Hwy 7. Traffic is reported at approximately 19,000 vehicles per day, providing direct exposure to highway traffic.

The combination of multiple buildings, on-site parking, and highway frontage makes the property a practical option for buyers evaluating a retail-focused mixed-use configuration.

Key Highlights

  • Three retail buildings totaling 17,248 SF
  • ±1.38‑acre lot size (outside city limits)
  • Frontage on AR Hwy 7 with traffic count of 19,000 vpd

Property Analytics

Current Use

Doc Penny's Billiards Arcade & Gaming Center High Achievers legal ... (Bike/Boat/Book/etc) Store Simple Simon's Pizza Take-out & Catering Natural State Dance ... Theater & Performing Art Venue Noelle Stephens - State ... Insurance Agency

Suggested Use

Top Pick Dental Office Building Supply Law Firm Grocery & Convenience Store Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 65% Dining 35%
Baymont By Wyndham Hot Springs On The Lake Hotels & Casinos
1,661 visits/mo 0.3 miles
Simple Simon's Pizza Dining
899 visits/mo 0.1 miles

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Three retail buildings totaling 17,248 SF with 55 parking spaces and frontage on AR Hwy 7.
Where is this shopping center located?
The property is located at 5401 Central Ave Hot Springs National Park, AR.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Three retail buildings totaling 17,248 SF; ±1.38‑acre lot size (outside city limits); Frontage on AR Hwy 7 with traffic count of 19,000 vpd
(501) 627-2141 Call to check price and availability
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