Private Office Coworking
853 Third Street #Suite 6, Hot Springs, AR 71913
For Sale
Contact for pricing
A private office includes access to shared kitchen, reception, lounge, and meeting areas.
Property Size228 SF
Price / SF$2.63
Days on Market173
Property Features for 853 Third Street #Suite 6
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Lease Type
Additional Details
Utilities to Site
Property Use
Amenities
shared kitchen
staffed reception lobby
community lounge
meeting space
electronic fob entry
security cameras
Kitchen Area
Security System
Video Surveillance
Building Details
Building Size
Year Built
Stories
Listing Agency:
Partners Realty
(501) 359-3333
Listed By:
Brett Dingler · License AR PB00041807
(501) 944-8100
Source:
Carolynrussellrealestate
Added: May 22
Changed: Nov 4
Last Checked: Nov 9 at 6:51PM
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 Partners Realty
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Investment Insights
Based on property information with market context.
This coworking property offers a 228-square-foot private office, with availability beginning July 1, 2026. Shared building amenities include a kitchen, staffed reception lobby, community lounge, and meeting space. Electronic fob entry and security cameras are provided. The occupant is responsible for a portion of costs for water, electricity, gas, trash collection, WiFi, pest control, and security system monitoring.
Key Highlights
- 228‑square‑foot private office available July 1, 2026
- Shared kitchen, staffed reception lobby, community lounge, and meeting space
- Electronic fob entry and security cameras
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,189
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,780
$43.8K
Cap Rate 7%
$31,271
$31.3K
Cap Rate 9%
$24,322
$24.3K
Market Conditions
NOI Build-Up for 228 SF
Gross rent
$3.3K $14.40/SF
− Vacancy
−$364 −$1.60/SF
EGI
$2.9K $12.80/SF
− OpEx
−$730 −$3.20/SF
NOI
$2.2K $9.60/SF
Area
Garland County, AR
Vacancy
11.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,780
Cap Rate 7%
$31,271
Cap Rate 9%
$24,322
Alternative Uses
Best Use
Office B
$31.3K
$27.4K – $36.5K
NOI $2,189 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$41.7K
$36.5K – $48.7K
NOI $2,919 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - A private office includes access to shared kitchen, reception, lounge, and meeting areas.
Where is this coworking space located?
The property is located at 853 Third Street #Suite 6 Hot Springs, AR.
What are key features of this property?
This property features: 228‑square‑foot private office available July 1, 2026; Shared kitchen, staffed reception lobby, community lounge, and meeting space; Electronic fob entry and security cameras
