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    FOR LEASE
    Strip malls

    5737 Central Ave, Hot Springs, AR 71913

    11,700 SF 2.48 ac lot Built 2004
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US05-2165482
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2004
    Total area 11,700 SF
    Lot 2.48 ac (108,029 SF)
    APN 100-16370-000
    UPID US05-2165482
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hwy 7 South Storage Storage Facility
    • Wash Tub Laundry (Bike/Boat/Book/etc) Store
    • Blessed Hands by Coya Nail Salon
    • MONDY'S DAYCARE CENTER Daycare Center Foster Care Service
    • Tobacco outlet (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Select Built Homes LLC · 4 yrs held
    Select Built Homes LLC
    since 2022
    Last sale
    $28,000
    3 recorded transactions
    2026
    2022
    $28,000
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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