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Harps Grocery Store with Absolute NNN Lease
For Sale
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Pending

5536 Central Ave, Hot Springs, AR 71913

Food-store asset supported by an absolute NNN lease with multiple renewal options.

Property Size32,822 SF
Lot Size5.19 Acres
Days on Market140

Property Features for 5536 Central Ave

General Information

Standard status Pending
Size 32,822 SF
Lot size 5.19 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: CBRE Atlanta
Listed By: Thomas Carr · License #374849
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:11AM

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 CBRE Atlanta

Investment Insights

Based on property information with market context.

Harps Food Store occupies a 32,822-square-foot building on a 5.19-acre site at 5536 Central Ave in Hot Springs, Arkansas. The property is configured as a grocery and convenience-store asset under an absolute NNN lease, providing a defined contractual structure for the occupancy.

The lease has approximately ±8.3 years of remaining term and includes eight 5-year renewal options. The property is located within the Hot Springs metropolitan statistical area, which has a population of 100,977.

Key Highlights

  • 32,822‑square‑foot Harps Food Store
  • 5.19‑acre site at 5536 Central Ave, Hot Springs, AR 71913
  • Absolute NNN lease structure

Property Analytics

Current Use

Harps Food Stores Grocery & Convenience Store Harps Pharmacy Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Pharmacy Spa & Massage Center Auto Parts Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Hotels & Casinos 16% Dining 9%
Dollar General Shops & Services
7,631 visits/mo 0.3 miles
Baymont By Wyndham Hot Springs On The Lake Hotels & Casinos
1,661 visits/mo 0.5 miles
Simple Simon's Pizza Dining
899 visits/mo 0.3 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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Similar Off Market Nearby

  • Harps Food Stores 5536 Central Ave, Lake Hamilton, AR 71913
  • Harps Pharmacy 5536 Central Ave, Hot Springs, AR 71913

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Food-store asset supported by an absolute NNN lease with multiple renewal options.
Where is this grocery and convenience store located?
The property is located at 5536 Central Ave Hot Springs, AR.
What are key features of this property?
This property features: 32,822‑square‑foot Harps Food Store; 5.19‑acre site at 5536 Central Ave, Hot Springs, AR 71913; Absolute NNN lease structure
(404) 504-7893 Call to check price and availability
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