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    207 Airport Rd Hot Springs, AR 71913

    Sponsored
    For Lease
    $6 SF/Yr ($18,305 /Mo)

    Prime retail space, high traffic, excellent visibility.

    Lot size:
    36,610 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 36,610-square-foot retail shopping center, located at 207 Airport Road in Hot Springs, Arkansas, presents a unique investment opportunity. The property, built in 1978, is situated on a sizable 4.48-acre lot and boasts a single-story building with 223 parking spaces. Currently, the entire 36,610 square feet is available for lease or sale. The center enjoys a highly visible location with a signalized entrance, ensuring optimal accessibility for customers. Its strategic position alongside major retailers such as Kroger, Dollar Tree, and directly across from a Walmart Supercenter, guarantees significant daily traffic exceeding 18,000 vehicles. This translates to unparalleled exposure and a prime opportunity for businesses seeking high visibility and a thriving retail environment. The asking price for the sale is $3 million, while lease terms are available at $6.00 per square foot (NNN). The property is located in Garland County, Arkansas, zip code 71913. This is a rare opportunity to acquire a well-positioned, sizable retail center in a high-traffic area of Hot Springs.

    Property Features for 207 Airport Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,610 SF
    Total Rate
    18305

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    36,610 SF
    Rate per SF
    $6

    HighLights

    • 36,610 SF retail center on 4.48 acres in Hot Springs, AR.
    • $3,000,000 asking price; $6.00/SF NNN lease available.
    • 223 parking spaces (5.57/1,000 SF).
    • C‑2 General Business zoning.
    • High visibility location with signalized entrance and cross access easement.
    • Exceptional daily traffic exceeding 18,000 vehicles; adjacent to Kroger & Dollar Tree, across from Walmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Whit’s Barber Shop Barber Shop Big Lots Discount Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.086473668626
    Latitude
    34.489655415441

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    FAQs

    What type of property is this?
    Lifestyle center - Prime retail space, high traffic, excellent visibility.
    Where is this lifestyle center located?
    The property is located at 207 Airport Rd Hot Springs, AR.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 36,610 SF retail center on 4.48 acres in Hot Springs, AR.; $3,000,000 asking price; $6.00/SF NNN lease available.; 223 parking spaces (5.57/1,000 SF).
    Request Owner's contact information
    207 Airport Rd Hot Springs, AR 71913
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    Hot Springs, AR 71913
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 Airport Rd Hot Springs, AR 71913
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