5401 CENTRAL Hot Springs, AR 71913
COMMERCIAL - Hot Springs, AR
- Added:
- Apr 11, 2026
- Days on Market:
- 93
- Last Refresh:
- Jul 12 at 3:06 pm
Property Features for 5401 CENTRAL
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- NZN No Zoning
- Exterior features
- Dumpster, Pole Sign
- Standard status
- Active
- Size
- 17,248 SF
- Lot size
- 1.38 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Lots Pt 3-9 Lake Hamilton Subdivision 000/003, 36-03S-20W
- Tax Annual Amount
- 10160
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Roof type
- Metal
Listing agent Ivy Wood License #EB00036809 (501) 617-3750
Listing office Hot Springs 1st Choice Realty 135 Mall Unit B, Hot Springs, AR (501) 525-1600
Listing date Apr 11, 2026
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.
The property is located on S Central Ave in Hot Springs, Arkansas, in Garland County.
The site totals 1.38 acres and the property size is listed at 17,248 square feet. It is being offered for sale as a commercial investment property.
Key Highlights
- Shopping center located on S Central Ave with 10 of 11 suites currently leased
- Year built 2001 with metal roof
- Exterior features include dumpster and a pole sign/pylon sign
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $207.0k | $12.00 |
| − Vacancy | −$12.4k | −$0.72 |
| EGI | $194.6k | $11.28 |
| − OpEx | −$58.4k | −$3.38 |
| NOI | $136.2k | $7.90 |
