For Lease
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Property summary
Located in the heart of Hot Springs, Arkansas, 835 Central Avenue offers exceptional office space in a five-story, 70,310 square foot Class B building constructed in 1974. This single building sits on a 1.33-acre lot and features multiple tenancy options, with available suites ranging from 2,000 to 14,000 square feet. The property boasts a full-service gross lease rate of $15.00 per square foot, which includes utilities. Ample parking is provided with over 180 spaces in a convenient two-story parking deck. Enjoy unparalleled walkability to key attractions, including the convention center, City Hall, and the renowned Bathhouse Row, as well as a vibrant selection of restaurants and shops. Many offices provide stunning views of the downtown area. Access is convenient, with street-level entry points on both Broadway Street (first floor) and Central Avenue (second floor). This is a unique opportunity to secure prime office space in a desirable location within Garland County. The building offers a blend of historical charm and modern convenience, making it an ideal location for businesses seeking a thriving and accessible environment.
Property profile
VerifiedCap rate & NOI
Current use
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Paternity Testing Service
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Alternative Medicine Practice Spa & Massage Center
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Financial Advisor
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Insurance Agency
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Bank Loan Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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