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Retail Space Near Oaklawn Casino
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3301 Central Ave, Hot Springs, AR 71913

New construction retail space with long-term corporate lease.

Property Size2,800 SF
Price / SF$1,108
Days on Market189

Property Features for 3301 Central Ave

General Information

Standard status Active
Size 2,800 SF
Property subtype Retail

Building Details

Year Built 2025
Listing Agency: Market Street Retail Advisors
Listed By: Ben Sullivan · License #TN 289789
Source: Crexi
Added: Feb 5 Changed: Aug 8 Last Checked: Jul 21 at 4:10AM

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 Market Street Retail Advisors

Investment Insights

Based on property information with market context.

This retail space is a new construction property with a 15-year lease, corporately backed with 2% annual increases. It is located in Hot Springs, AR, between a McDonald's and a new Amazon distribution center, and near Oaklawn racing and gaming casino. The property is 2,800 square feet. Hot Springs attracts over 1.5 million annual visitors, contributing $600 million to the local economy.

Key Highlights

  • Brand new construction completed in 2025
  • 15‑year lease in place
  • Corporately backed lease with 2% annual increases

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Building Supply Real Estate Agency Auto Repair Shop HVAC Service

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

330
Businesses Nearby
135k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 46% Dining 28% Shops & Services 21% Hotels & Casinos 4%
Dillard's Apparel
43,912 visits/mo 0.4 miles
JCPenney Apparel
18,409 visits/mo 0.3 miles
SONIC Drive In Dining
15,564 visits/mo 0.4 miles
Waffle House Dining
10,580 visits/mo 0.3 miles
Shell Shops & Services
10,176 visits/mo 0.0 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

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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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space with long-term corporate lease.
Where is this retail space located?
The property is located at 3301 Central Ave Hot Springs, AR.
What is the asking price?
The asking price for this property is $3,103,448.
What are key features of this property?
This property features: Brand new construction completed in 2025; 15‑year lease in place; Corporately backed lease with 2% annual increases
(615) 309-6100 Call to check price and availability
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