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Highly Visible Retail Suite
For Lease
$2,000/Mo

2918 Central Ave, Hot Springs, AR 72941

Retail suite in Oaklawn Plaza with high-visibility placement in front of Oaklawn Hotel and Casino.

Space SizeContact for details
Days on Market78

Property Features for 2918 Central Ave

General Information

Standard status Active

Site & Location

Traffic Count 40,000 vehicles/day
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,405
Listing Agency: ESQ. Realty Group - Hot Springs
Listed By: Ismael Aguirre-Rivera · License #SA00097518
Source: Exprealty
Added: Jun 23 Changed: Aug 24 Last Checked: Sep 7 at 12:34PM

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 ESQ. Realty Group - Hot Springs

Investment Insights

Based on property information with market context.

A commercial retail suite is available for lease within Oaklawn Plaza, positioned in front of Oaklawn Hotel and Casino along Central Avenue. The space offers approximately 850 square feet of retail/office/liquor-compatible buildout within a high-activity plaza setting.

Oaklawn Plaza is described as a premium retail, office, and liquor location on Central Avenue, surrounded by restaurants, hotels, and growing residential communities. Public remarks also cite estimated 40,000+ vehicles per day between Central Avenue and Higdon Ferry Road, with 24/7 business and tourist traffic facilitated by Vineyard St.

The suite is next to Sonic, with public remarks referencing 56.7K monthly visits.

Key Highlights

  • Retail suite for lease in Oaklawn Plaza with high‑visibility placement in front of Oaklawn Hotel and Casino
  • On Central Avenue, described as part of Hot Springs’ highest trafficked central avenue corridor
  • Estimated 40,000+ vehicles per day between Central Avenue and Higdon Ferry Road, with traffic connected via Vineyard St

Property Analytics

Current Use

D&V Crystals, Gifts ... (Bike/Boat/Book/etc) Store Backwoods Bougie (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant

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

40,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 72941, AR

5,079
Population
2,043
Households
2.5
Avg Household Size
41
Median Age
16%
College-Educated
93%
High-School Grad
43.4 sq mi
ZIP Area
117
Density / Sq Mi
$77,292
Median Household Income
$37,540
Median Earnings
$889
Median Rent
$159,600
Median Home Value

Market

Lease Benchmarks for Hot Springs, AR

$18.05 /SF/Yr
Avg Asking Price
$10.43–$28.24 /SF/Yr
Price Range
4,347 SF
Avg Space Size

This space is priced 56% above the average of $18.05 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suite in Oaklawn Plaza with high-visibility placement in front of Oaklawn Hotel and Casino.
Where is this retail space located?
The property is located at 2918 Central Ave Hot Springs, AR.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Retail suite for lease in Oaklawn Plaza with high‑visibility placement in front of Oaklawn Hotel and Casino; On Central Avenue, described as part of Hot Springs’ highest trafficked central avenue corridor; Estimated 40,000+ vehicles per day between Central Avenue and Higdon Ferry Road, with traffic connected via Vineyard St
More about this property
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