Two-Storefront Retail
For Sale
$339,900
3903 N Highway 7, Hot Springs Village, AR 71909
Highway 7 location with two established business occupants and additional office space available for lease.
Property Size3,540 SF
Price / SF$96.02
Days on Market51
Property Features for 3903 N Highway 7
General Information
Standard status
Active
Size
3,540 SF
Property subtype
Commercial / Industrial
Additional Details
Gross Income
$36,000
Highway Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Southern Realty of Hot Springs, Inc.
(501) 321-2025
Listed By:
Holly Robertson · License #00051450
(501) 204-2958
Source:
Arprorealty
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 9:00AM
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 Southern Realty of Hot Springs, Inc.
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Investment Insights
Based on property information with market context.
This 3,540-square-foot retail property includes two storefronts within a single building. The existing occupants are a nail salon and a senior-living service business, with both businesses having operated at the property for more than 7 years. An additional office area is currently unleased and provides further space within the building.
The property is located at 3903 N Highway 7 in Hot Springs Village, a few miles south of the Hot Springs Village West Gate Entrance and a few miles north of the Hot Springs Village Walmart. The configuration combines established storefront occupancy with additional office space in a highway-oriented setting.
The property is located at 3903 N Highway 7 in Hot Springs Village, a few miles south of the Hot Springs Village West Gate Entrance and a few miles north of the Hot Springs Village Walmart. The configuration combines established storefront occupancy with additional office space in a highway-oriented setting.
Key Highlights
- 3,540‑square‑foot building with two storefronts
- Located at 3903 N Highway 7, Hot Springs Village, AR 71909
- Current nail salon and senior‑living service business occupants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,952
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,040
$559.0K
Cap Rate 7%
$399,314
$399.3K
Cap Rate 9%
$310,578
$310.6K
Market Conditions
NOI Build-Up for 3,540 SF
Gross rent
$42.5K $12.00/SF
− Vacancy
−$2.5K −$0.72/SF
EGI
$39.9K $11.28/SF
− OpEx
−$12.0K −$3.38/SF
NOI
$28.0K $7.90/SF
Area
Garland County, AR
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,040
Cap Rate 7%
$399,314
Cap Rate 9%
$310,578
Alternative Uses
Best Use
Retail
$399.3K
$349.4K – $465.9K
NOI $27,952 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.4K
$566.5K – $755.3K
NOI $45,318 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
60k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 60%
Shops & Services 40%
Walmart
Superstores
35,765 visits/mo
0.5 miles
Murphy USA
Shops & Services
13,389 visits/mo
0.5 miles
Arvest Bank
Shops & Services
3,364 visits/mo
0.4 miles
Bank OZK
Shops & Services
2,897 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
2,511 visits/mo
0.3 miles
Demographics for 71909, AR
17,935
Population
10,563
Households
1.7
Avg Household Size
67
Median Age
33%
College-Educated
97%
High-School Grad
79.3 sq mi
ZIP Area
226
Density / Sq Mi
$69,171
Median Household Income
$31,165
Median Earnings
$1,143
Median Rent
$255,600
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
Frequently Asked Questions
What type of property is this?
Storefront property - Highway 7 location with two established business occupants and additional office space available for lease.
Where is this storefront property located?
The property is located at 3903 N Highway 7 Hot Springs Village, AR.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 3,540‑square‑foot building with two storefronts; Located at 3903 N Highway 7, Hot Springs Village, AR 71909; Current nail salon and senior‑living service business occupants
