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    5737 Central Ave Lake Hamilton, AR 71913

    Sponsored
    For Lease
    $12 SF/Yr ($11,700 /Mo)

    High-traffic retail space available.

    Lot size:
    11,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional retail opportunity is located at 5737 Central Ave, Lake Hamilton, AR 71913, within Garland County. The property consists of a single, one-story, 11,700 square foot strip retail building constructed in 2004, situated on a 2.48-acre lot. Currently, 4,500 square feet of space is available for lease. One available suite offers 1,500 square feet of prime retail or office space, perfect for businesses seeking high visibility and accessibility. The property benefits from its location on a heavily trafficked commercial corridor, boasting daily traffic counts exceeding 11,000 vehicles. The surrounding area has a population exceeding 10,000 within a 3-mile radius, with impressive average household incomes. This turnkey space offers excellent visibility and stylish façade signage, making it an ideal location for businesses seeking to establish a strong presence in the heart of Hot Springs, Arkansas. The asking rate is $12.00 per square foot, with an incentive of two months free rent. This presents a rare chance to secure a profitable location in a thriving Arkansas community. Don't miss this opportunity to capitalize on substantial drive-by exposure and a consumer-rich market.

    Property Features for 5737 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,700 SF
    Total Rate
    11700

    Building Details

    Year Built
    2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    D
    Size
    1,500 SF
    Rate per SF
    $12

    HighLights

    • Two months free rent offered.
    • High traffic count: 11,000 vehicles daily on Central Avenue.
    • Excellent visibility and signage opportunities on Central Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hwy 7 South ... Self-Storage Facility Wash Tub Laundry Laundromat Blessed Hands by ... Nail Salon MONDY'S DAYCARE CENTER Child Care Agency Tobacco outlet Tobacco Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Hamilton
    County
    Garland
    State
    Arkansas
    Longitude
    -93.0975845
    Latitude
    34.4190922

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 5737 Central Ave Lake Hamilton, AR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Two months free rent offered.; High traffic count: 11,000 vehicles daily on Central Avenue.; Excellent visibility and signage opportunities on Central Avenue.
    Request Owner's contact information
    5737 Central Ave Lake Hamilton, AR 71913
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    Lake Hamilton, 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
    5737 Central Ave Lake Hamilton, AR 71913
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