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Remodeled Office Building

847 Third Street, Hot Springs, AR 71913

For Lease
New
$1,500/Mo

An open reception area is complemented by private offices, two restrooms, a breakroom, and storage.

Space SizeContact for details
Property Size1,220 SF
Days on Market4

Property Features for 847 Third Street

General Information

Standard status Active
Size 1,220 SF
Property subtype Commercial
Zoning General Office, Neighborhood Commercial

Space & Availability

Space Use Office
Private Offices 3

Additional Details

Lease Term 36 months

Amenities

reception/lobby area
3 offices
2 restrooms
breakroom
storage closets

Building Details

Building Size 1,220 SF
Year Built 1990
Stories 1
Listing Agency: Cbrpm Hot Springs
Listed By: Todd Woerpel
Source: Diamondcountryrealty
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 5:49PM

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 Cbrpm Hot Springs

Rey
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Investment Insights

Based on property information with market context.

This 1,220-square-foot office building was remodeled inside and out. Its plan includes an open reception and lobby area, three offices, two restrooms, a breakroom, and additional storage closets. The property was built in 1990 and is zoned General Office and Neighborhood Commercial.

The space is offered for lease, with the tenant responsible for utilities. The lessor prefers a 36-month lease.

Key Highlights

  • 1,220 square feet with an open reception and lobby area
  • Three offices, two restrooms, a breakroom, and storage closets
  • Interior and exterior remodeling

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Casket Store Social Service Agency

Suggested Use

Top Pick Pharmacy Auto Parts Store Storage Facility Gym & Fitness Center Food Market Skin Care Clinic

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
$2.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

751
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - An open reception area is complemented by private offices, two restrooms, a breakroom, and storage.
Where is this office building located?
The property is located at 847 Third Street Hot Springs, AR.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,220 square feet with an open reception and lobby area; Three offices, two restrooms, a breakroom, and storage closets; Interior and exterior remodeling
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