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NNN-Leased Strip Center
For Sale
Contact for pricing
Pending

625 Albert Pike Rd, Hot Springs, AR 71913

Retail center at a signalized corner with eight tenants and fully NNN lease coverage.

Property SizeContact for details
Days on Market143

Property Features for 625 Albert Pike Rd

General Information

Standard status Pending
Property subtype Retail
Occupancy 96%

Property Condition

Severity Repairs Needed
Evidence low deferred maintenance

Additional Details

Corner Location Yes

Building Details

Tenancy Multi
Listing Agency: Lee & Associates Cincinnati
Listed By: Stanton Falk · License #OH 2012001364
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:51AM

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 Lee & Associates Cincinnati

Investment Insights

Based on property information with market context.

Albert Pike Strip Center is a retail strip center at 625 Albert Pike Rd in Hot Springs, Arkansas. The property contains eight tenant spaces and was 96% occupied at the time of listing, with all leases structured as NNN. The tenant roster is diversified across the center, and seven tenants have scheduled base-term rent increases. Only Dollar General has renewal options identified in the lease information.

The center occupies the corner of Albert Pike and Richard Street at a signalized intersection. Albert Pike is identified as the area’s primary retail thoroughfare, providing a prominent position within the county seat. Dollar General has maintained a 25-year historical commitment to the location.

Key Highlights

  • 96% occupied strip center with 8 tenants
  • 100% NNN lease structure throughout the property
  • 7 of 8 tenants have scheduled base‑term rent escalations

Property Analytics

Current Use

Erick's Barbershop 2 Barber Shop The Body Carpenter Alternative Medicine Practice Stellar Beauty Collective Hair Salon Dr. Caroline Carpenter Alternative Medicine Practice Abby Road (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Dental Office Electrical Service Skin Care Clinic Grocery & Convenience Store

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

96%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 34%
Dollar General Shops & Services
9,133 visits/mo 0.2 miles
Taco Bell Dining
5,764 visits/mo 0.5 miles
Regions Bank Shops & Services
4,456 visits/mo 0.4 miles
AutoZone Shops & Services
4,069 visits/mo 0.0 miles
Shipley Do-Nuts Dining
3,669 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center at a signalized corner with eight tenants and fully NNN lease coverage.
Where is this strip mall located?
The property is located at 625 Albert Pike Rd Hot Springs, AR.
What are key features of this property?
This property features: 96% occupied strip center with 8 tenants; 100% NNN lease structure throughout the property; 7 of 8 tenants have scheduled base‑term rent escalations
More about this property
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