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Office Suite with Reception Area

1820 Central Avenue Suite E, Hot Springs, AR 71901

For Lease
New
$2,700/Mo

A full-service gross lease includes building utilities, taxes, and insurance; phone and data are excluded.

Space SizeContact for details
Property Size2,390 SF
Days on Market4

Property Features for 1820 Central Avenue Suite E

General Information

Standard status Active
Size 2,390 SF
Total Parking Spaces 8
Property subtype Commercial
Zoning Central Business
Lease Type Full Service

Space & Availability

Space Use Office
Sublease No
Private Offices 4
Meeting Rooms 1

Lease Terms

Lease Rate $2,700 /MO
Total Rate $2,700
Monthly Rent $2,700
Lease Term 36 months
Flexible Term Yes
Utilities Included in Rent unspecified utilities

Amenities

reception area
break area
Door Sign
Dumpster
Pole Sign

Building Details

Building Size 2,390 SF
Year Built 1976
Stories 1
Tenancy Multi
Listing Agency: Cbrpm Hot Springs
Listed By: Todd Woerpel
Source: Diamondcountryrealty
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 3:04PM

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 Cbrpm Hot Springs

Rey
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Investment Insights

Based on property information with market context.

This 2,390-square-foot office suite at 1820 Central Avenue, Suite E, has a reception area, a large work or conference room, a break area, and four individual rooms. The 1976 building is a professional center with shared indoor and outdoor common areas. The property is zoned Central Business.

The full-service gross lease covers real estate taxes, building insurance, and utilities other than phone and data. Approximately 8+/- parking spaces are available.

Key Highlights

  • 2,390‑square‑foot office suite
  • Reception area, large work or conference room, break area, and 4 individual rooms
  • Full‑service gross lease includes real estate taxes, building insurance, and utilities except phone and/or data

Property Analytics

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Current Use

Center For Arkansas Legal ... Law Firm Cindi Golden-Moore Real ... Real Estate Agency Nancy Bergeron REALTOR ... Real Estate Agency Lotus Valley Health ... Crisis Center Engaging Arkansas Communities Charitable Organization

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet 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

Multi-tenant
Tenancy
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Hot Springs, AR

$15.68 /SF/Yr
Avg Asking Price
$6.78–$31.58 /SF/Yr
Price Range
10,784 SF
Avg Space Size

This space is priced 13% below the average of $15.68 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Hot Springs, AR

$15 Jul
$18.36 Aug
$13.07 Sep
$15.83 Oct

Properties on Market for Office Units in Hot Springs

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - A full-service gross lease includes building utilities, taxes, and insurance; phone and data are excluded.
Where is this office unit located?
The property is located at 1820 Central Avenue Suite E Hot Springs, AR.
What is the lease rate?
The lease rate is $2,700/Mo.
What are key features of this property?
This property features: 2,390‑square‑foot office suite; Reception area, large work or conference room, break area, and 4 individual rooms; Full‑service gross lease includes real estate taxes, building insurance, and utilities except phone and/or data
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