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High-Visibility Retail Suite
For Lease
$2,000/Mo

2918 CENTRAL, Hot Springs, AR 71913

COMMERCIAL/INDUSTRIAL, Hot Springs, AR

Space SizeContact for details
Days on Market69

Property Features for 2918 CENTRAL

General Information

Property type Commercial Lease
Property subtype Other
Zoning C-R Reg Comm District
Zoning description C-R Reg Comm District
Subdivision OBryans
Directions From HSBOR Turn right on Orange, turn right onto central avenue. Go about 1.7 miles on central. On the right look for Realty Sign.
Standard status Active
Size 850 SF

Taxes and HOA fees

Tax Year 2025
Tax Description Block B, Pt of Lot 3 & 5 and all of Lot 4, O'Bryans Subdivision, Garland County, AR
Tax Annual Amount 4405
Legal Description Block B, Pt of Lot 3 & 5 and all of Lot 4, O'Bryans Subdivision, Garland County, AR

Building Details

Year built 1970
Floors in Building 1
Flooring type Vinyl
Listing Agency: ESQ. Realty Group
Listed By: Ismael Aguirre-Rivera · License #SA00097518
Added: Jun 23 Changed: Aug 19 Last Checked: Aug 30 at 9:06PM
MLS# 156085

Copyright © 2026 Hot Springs Board of Realtors. 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 850-square-foot retail suite is located within Oaklawn Plaza and features vinyl flooring. Constructed in 1970, the property carries C-R Reg Comm District zoning and is positioned along Central Avenue in Hot Springs.

The suite sits in front of Oaklawn Hotel and Casino and next to Sonic, with access connected by Vineyard St. The surrounding setting includes restaurants, hotels, and residential communities. Central Avenue and Higdon Ferry Road are estimated to carry more than 40,000 vehicles per day, providing a measurable traffic context for the location.

Key Highlights

  • 850‑square‑foot retail suite at Oaklawn Plaza
  • C‑R Reg Comm District zoning
  • Vinyl flooring

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

NNN (Triple Net)
Lease Type
$4.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby
175k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 28% Groceries 15% Hotels & Casinos 3%
Kroger Groceries
25,947 visits/mo 0.4 miles
McDonald's Dining
23,006 visits/mo 0.2 miles
SONIC Drive In Dining
20,873 visits/mo 0.0 miles
Ollie's Bargain Outlet Shops & Services
15,647 visits/mo 0.3 miles
Cicis Dining
9,407 visits/mo 0.4 miles

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

$18.57 /SF/Yr
Avg Asking Price
$10.43–$28.24 /SF/Yr
Price Range
2,228 SF
Avg Space Size

This space is priced 52% above the average of $18.57 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Vinyl-floored commercial space within Oaklawn Plaza, zoned C-R Reg Comm District.
Where is this retail space located?
The property is located at 2918 CENTRAL 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: 850‑square‑foot retail suite at Oaklawn Plaza; C‑R Reg Comm District zoning; Vinyl flooring
More about this property
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