Vacant Shell Retail
For Lease
$2,717/Mo
155 Carpenter Dam Road, Hot Springs, AR 71901
COMMERCIAL - Hot Springs, AR
Space SizeContact for details
Property Size1,427 SF
Lot Size1.14 Acres
Days on Market182
Property Features for 155 Carpenter Dam Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Central Business, Highway Service, General Office
Parking
60
Interior features
Public Restrooms
Subdivision
Not in Subdivision
Lot features
Level
Directions
From HSBOR, turn R on Orange St, R on Broadway, L on West Grand, R on US-270-BUS/E Malvern Ave, R toward Reese Way, R onto Reese Way, destination on the right.
Standard status
Active
Size
1,427 SF
Lot size
1.14 Acres
Taxes and HOA fees
Tax Description
Block/Lot 001/004
Legal Description
Block/Lot 001/004
Amenities
Trash service
Building Details
Year built
2023
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Architectural style
Other
Listing Agency:
McGraw Realtors - HS
(501) 881-3331
Listed By:
Ashley Layfield
(501) 282-1179
Added: Feb 4
Changed: Aug 4
Last Checked: Aug 5 at 4:06PM
MLS# 26004445
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.
This 1,427-square-foot retail space is configured as a vacant shell, providing a straightforward starting point for a future interior build-out. The property includes public restrooms, concrete flooring, and a metal roof. Built in 2023, the space offers a recently constructed commercial foundation for retail occupancy.
The 1.14-acre property is positioned at the intersection of Malvern Ave and Carpenter Dam Rd in Hot Springs, within the Lakeside School District. Its location provides direct access to two named roadways and places the retail space within an established school-district context. The site’s physical characteristics and shell condition allow the interior plan to be tailored to the eventual retail use.
The 1.14-acre property is positioned at the intersection of Malvern Ave and Carpenter Dam Rd in Hot Springs, within the Lakeside School District. Its location provides direct access to two named roadways and places the retail space within an established school-district context. The site’s physical characteristics and shell condition allow the interior plan to be tailored to the eventual retail use.
Key Highlights
- 1,427 SF vacant retail shell
- 1.14‑acre commercial property
- Located at Malvern Ave and Carpenter Dam Rd
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Dining 1%
Shell
Shops & Services
10,809 visits/mo
0.1 miles
Arvest Bank
Shops & Services
4,321 visits/mo
0.1 miles
Daylight Donuts
Dining
123 visits/mo
0.1 miles
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
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 23% 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 - Vacant shell space with public restrooms supports a flexible retail build-out.
Where is this retail space located?
The property is located at 155 Carpenter Dam Road Hot Springs, AR.
What is the lease rate?
The lease rate is $2,717/Mo.
What are key features of this property?
This property features: 1,427 SF vacant retail shell; 1.14‑acre commercial property; Located at Malvern Ave and Carpenter Dam Rd
