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Retail Center with Available Suite
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2002-2038 Central Avenue, Hot Springs, AR 71901

Established retail center with a 5,608-square-foot suite and on-site parking for tenants and visitors.

Property Size33,325 SF
Price / SF$0.00
Days on Market4

Property Features for 2002-2038 Central Avenue

General Information

Standard status Active
Size 33,325 SF
Property subtype Commercial / Industrial
Listing Agency: White Stone Real Estate
Listed By: Dane Thomson
Source: Arprorealty
Added: Sep 11 Last Checked: Sep 13 at 11:47AM

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 White Stone Real Estate

Investment Insights

Based on property information with market context.

Freeman Center is a 33,325-square-foot shopping center at 2002-2038 Central Avenue in Hot Springs, Arkansas. The property includes one available suite, Suite 2010, offering 5,608 square feet within the retail center. On-site parking serves both tenants and visitors.

The center is located minutes from Oaklawn, providing a nearby destination within the surrounding area. The property’s multi-suite retail format and available space support a range of commercial occupancy possibilities consistent with shopping center use.

Key Highlights

  • 33,325‑square‑foot shopping center
  • 5,608‑square‑foot Suite 2010 available
  • On‑site parking for tenants and visitors

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Pharmacy Storage Facility Locksmith (Bike/Boat/Book/etc) Store Butcher Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Hotels & Casinos 27% Shops & Services 4%
Waffle House Dining
6,367 visits/mo 0.1 miles
Best Western Winners Circle Hotels & Casinos
2,697 visits/mo 0.5 miles
Sam's Southern Eatery Dining
1,726 visits/mo 0.1 miles
Liberty Tax Shops & Services
413 visits/mo 0.2 miles
Days Inn Hot Springs Hotels & Casinos
387 visits/mo 0.2 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 1600 Central Ave, Hot Springs, AR 71901

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with a 5,608-square-foot suite and on-site parking for tenants and visitors.
Where is this shopping center located?
The property is located at 2002-2038 Central Avenue Hot Springs, AR.
What are key features of this property?
This property features: 33,325‑square‑foot shopping center; 5,608‑square‑foot Suite 2010 available; On‑site parking for tenants and visitors
More about this property
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