Listing Agency: Colliers - Hot Springs Show Phone

Listed By: Karolyn Fankhouser · License #EB00044496 Show Phone

Source: Moodyscre

Added: Jan 5, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:39AM

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Investment Insights

Based on property information with market context.

This retail space is located just north of Grand Avenue, near the heart of downtown Hot Springs. The property is within walking distance of city transit, the Hot Springs Convention Center, and the Greenway Trail. The property is zoned C-2 and offers 4,912 square feet of space.

Key Highlights

• Prime location near downtown Hot Springs
• Walking distance to the Hot Springs Convention Center
• Walking distance to the Greenway Trail

Property Analytics

Property Profile

Current Use

KEDPLASMA Hot Springs Blood Bank

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Pet Store & Service Parking Lot & Garage

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

NNN (Triple Net)

Lease Type

$1.13 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,592

Businesses Nearby

89k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 44% Shops & Services 35% Hotels & Casinos 9% Apparel 5%

Dodge's Southern Style Shops & Services

20,088 visits/mo 0.4 miles

McDonald's Dining

18,055 visits/mo 0.2 miles

Burger King Dining

9,887 visits/mo 0.4 miles

Embassy Suites By Hilton Hot Springs Hotel & Spa Hotels & Casinos

7,888 visits/mo 0.3 miles

Popeyes Louisiana Kitchen Dining

7,854 visits/mo 0.3 miles

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 - Retail space near downtown Hot Springs, close to amenities.

Where is this retail space located?

The property is located at 630 Malvern Ave Hot Springs National Park, AR.

What is the lease rate?

The lease rate is $7.50 SF/Yr.

What are key features of this property?

This property features: Prime location near downtown Hot Springs; Walking distance to the Hot Springs Convention Center; Walking distance to the Greenway Trail