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Office Unit with Retail Flexibility
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5737 Central Ave, Hot Springs, AR 71913

Flexible commercial space with signage and exposure along Central Avenue.

Space Size1,500 SF
Days on Market937

Property Features for 5737 Central Ave

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype OFFICE

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF

Site & Location

Traffic Count 11,000 vehicles/day
Highway Access Yes

Spaces For Lease

at 5737 Central Ave Contact us

Hwy 7 S Plaza $10.40/SF/Yr

Floor
1
Size
1,500 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE
1,500 SF Office or Retail First two months free rent 11,000 vpd traffic count Great...
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Listing Agency: Colliers - Hot Springs
Listed By: Karolyn Fankhouser · License #EB00044496
Source: Moodyscre
Added: Feb 7, 2024 Changed: Aug 31 Last Checked: Aug 31 at 6:02PM

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 1,500-square-foot office unit can also accommodate retail use, offering a flexible configuration for a commercial occupant. The property includes signage and is positioned along Central Avenue.

Traffic is reported at 11,000 vehicles per day, providing measurable roadway exposure for the premises. The address is 5737 Central Ave, Hot Springs, AR 71913.

Key Highlights

  • 1,500 SF office or retail space
  • 11,000 vpd traffic count
  • Signage available on Central Avenue

Property Analytics

Current Use

Hwy 7 South ... Storage Facility Wash Tub Laundry (Bike/Boat/Book/etc) Store Blessed Hands by ... Nail Salon MONDY'S DAYCARE CENTER Daycare Center Tobacco outlet (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Pharmacy Big Box & Wholesale Store Spa & Massage Center 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

11,000 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.56 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

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

$18.36 /SF/Yr
Avg Asking Price
$12–$31.58 /SF/Yr
Price Range
16,831 SF
Avg Space Size

This space is priced 43% below the average of $18.36 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible commercial space with signage and exposure along Central Avenue.
Where is this office units located?
The property is located at 5737 Central Ave Hot Springs, AR.
What is the lease rate?
The lease rate is $10.40 SF/Yr.
What are key features of this property?
This property features: 1,500 SF office or retail space; 11,000 vpd traffic count; Signage available on Central Avenue
(501) 627-2141 Call to check price and availability
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