Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Barber Shop
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Discount Store
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
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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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