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New Construction Shopping Center
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Pending

3620 Central Ave., Hot Springs, AR 71913

C4-zoned retail center beside CVS and Walgreens on Central Avenue in Hot Springs.

Property Size12,477 SF
Lot Size1.60 Acres
Days on Market145

Property Features for 3620 Central Ave.

General Information

Standard status Pending
Size 12,477 SF
Lot size 1.60 Acres
Property subtype Industrial, Retail
Zoning C4

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial Village Communities
Listed By: Carol Schreiner · License #AR SA00074944
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 6:57PM

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 Coldwell Banker Commercial Village Communities

Investment Insights

Based on property information with market context.

This newly built shopping center contains 12,477 square feet on 1.595 acres, with a combination of available and leased space. The property includes 7,717 square feet currently available, 3,200 square feet leased, and another 1,576 square feet expected to be leased soon. Existing leasing is structured on a NNN basis.

The center is located at 3620 Central Ave. in Hot Springs, Arkansas, on Central Avenue, described as the area's busiest road. CVS is adjacent, Walgreens is nearby, and Dixie Café is across the street. The property carries C4 zoning and is positioned among multiple high-traffic businesses.

Key Highlights

  • 12,477‑square‑foot shopping center on 1.595 acres
  • 7,717 square feet available for lease
  • 3,200 square feet currently leased; 1,576 square feet expected to lease soon

Property Analytics

Current Use

Jeans and Java Clothing & Fashion Store Shannon's Jewelers of Hot ... (Bike/Boat/Book/etc) Store Countryside Animal Hospital Veterinary Clinic Da Vinci Nail ... Nail Salon

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Big Box & Wholesale Store Garden Center Kitchen & Bath Showroom Law Firm

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

Location Intelligence

Trade Area within ½ mile

1,093
Businesses Nearby
447k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 28% Dining 27% Shops & Services 22% Home Improvements & Furnishings 9%
T.J. Maxx Apparel
50,946 visits/mo 0.5 miles
Harbor Freight Tools Home Improvements & Furnishings
37,576 visits/mo 0.4 miles
Texas Roadhouse Dining
37,241 visits/mo 0.1 miles
Kroger Groceries
25,947 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
23,691 visits/mo 0.5 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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - C4-zoned retail center beside CVS and Walgreens on Central Avenue in Hot Springs.
Where is this shopping center located?
The property is located at 3620 Central Ave. Hot Springs, AR.
What are key features of this property?
This property features: 12,477‑square‑foot shopping center on 1.595 acres; 7,717 square feet available for lease; 3,200 square feet currently leased; 1,576 square feet expected to lease soon
More about this property
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