Advertise
    Hot Springs, AR
    Shopping Center

    Hot Springs, AR Shopping Centers for Sale

    Notify Me
    List
    Map
    Lakeside, AR Hot Springs Village, AR Lake Hamilton, AR Bismarck, AR Royal, AR Mountain Pine, AR Fountain Lake, AR Malvern, AR
    Shopping Center with Leased Suites
    Updated: Apr 11
    Shopping Center with Leased Suites

    5401 CENTRAL, Hot Springs, AR 71913

    $2,200,000
    17,248 sqft 1.38 AC lot
    Shopping center located on S Central Ave with 10 of 11 suites currently leased
    Year built 2001 with metal roof
    Exterior features include dumpster and a pole sign/pylon sign
    Metal buildings feature storefront ACM panels and stone
    Recent improvements include new roofs and recent remodeling
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    5401 CENTRAL, Hot Springs, AR 71913

    View Property Analytics

    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $136K
      Annual

    • Price @ 7% Cap

      $1.95M
      Suggested

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 2001
    View Property Analytics
    Retail Center Near Oaklawn
    Updated: Jun 23, 2025
    Retail Center Near Oaklawn

    2002-2038 Central Avenue, Hot Springs, AR 71901

    Contact for pricing
    33,325 sqft 1.45 AC lot
    Established retail center (Freeman Center) with a long history in Arkansas.
    Convenient pull‑in parking for tenants and visitors.
    Located minutes from Oaklawn.
    Available suite: 2010 (5608 sf).
    Built in 1950.
    View details
    Mixed-Use Retail Shopping Center
    Mixed-Use Retail Shopping Center

    622-640 Malvern Ave, Hot Springs, AR 71901

    Contact for pricing
    6,640 sqft

    Mixed-use retail shopping center near city transit and the Convention Center for convenient pedestrian access.

    View details
    Retail and Restaurant Building with Bay Doors
    Retail and Restaurant Building with Bay Doors

    225 Malvern Ave, Hot Springs, AR 71901

    Contact for pricing

    Downtown Hot Springs multi-level retail/restaurant building with upper level, basement, and bay doors plus drive-in basement access.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Shopping Center With Drive-In Basement
    Shopping Center With Drive-In Basement

    225 Malvern Avenue, Hot Springs, AR 71901

    $2,500,000

    Multi-level commercial building with rear bay access and public parking nearby.

    View details
    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 5 Active listings in Hot Springs, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Strip Mall
    Corner Strip Mall

    127 Parkway Drive, Russellville, AR 72801

    $995,000
    9,126 sqft 0.91 AC lot

    Retail property positioned at the intersection of Highway 7, Arkansas Avenue, and Parkway with access from Parkway Drive.

    View details
    Income-Producing Commercial Package For Sale
    Income-Producing Commercial Package For Sale

    302 EAST PARKWAY, Russellville, AR 72801

    $2,000,000
    15,322 sqft 1.00 AC lot

    Commercial strip mall with rental houses near downtown and ATU.

    View details
    Anchored Shopping Center
    Anchored Shopping Center

    11400 West Markham Street, Little Rock, AR 72211

    Contact for pricing
    168,060 sqft

    Fully occupied retail center with four established anchors and a broad surrounding national retailer base.

    View details
    Strip Mall Shopping Center
    Strip Mall Shopping Center

    11000 Arch Street, Little Rock, AR 72206

    $675,000

    For-sale strip mall shopping center with high traffic visibility at 11000 Arch Street.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Highway-Fronting Commercial Land Parcel
    Highway-Fronting Commercial Land Parcel

    2600 Block Park Avenue Highway, Hot Springs, AR 71901

    $180,000
    2.47 AC lot

    Mostly flat, utility-served commercial land with C-R zoning in a high-traffic area near Park Avenue.

    View details
    Benton Interstate Frontage Land
    Benton Interstate Frontage Land

    20113 I-30, Benton, AR 72015

    $6,999,000
    1,001,880 sqft 23.00 AC lot

    23 acres with I-30 frontage in Benton, Arkansas.

    View details
    Highway-Frontage Commercial Land
    Highway-Frontage Commercial Land

    Edison Ave, Benton, AR 72015

    $750,000
    18.05 AC lot

    C-4 zoning and available utilities support commercial development on a prominent Benton tract.

    View details

    Off-Market Properties in Hot Springs, AR

    Consider similar Off-Market properties in Hot Springs, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    827 3rd St, Unit 831
    SHOPPING CENTER, STRIP CENTER

    827 3rd St, Hot Springs, AR 71913-4325

    Unit 831
    $250,000
    Estimated value
    15,380 sqft 0.79 AC lot
    View details
    173 Marion Anderson Rd
    SHOPPING CENTER, STRIP CENTER

    173 Marion Anderson Rd, Hot Springs National Park, AR 71913-8911

    $530,000
    Estimated value
    8,250 sqft 0.71 AC lot
    View details
    881 Park Ave
    SHOPPING CENTER, STRIP CENTER

    881 Park Ave, Hot Springs, AR 71901-3004

    $220,000
    Estimated value
    7,000 sqft 0.57 AC lot
    View details
    201 Franklin St
    SHOPPING CENTER, STRIP CENTER

    201 Franklin St, Hot Springs, AR 71913-6249

    $290,000
    Estimated value
    3,720 sqft 0.46 AC lot
    View details
    1880 Airport Rd
    SHOPPING CENTER, STRIP CENTER

    1880 Airport Rd, Hot Springs National Park, AR 71913-5320

    $800,000
    Estimated value
    20,909 sqft 3.01 AC lot
    View details
    2119 Carpenter Dm Rd
    WHOLESALE OUTLET, DISCOUNT STORE

    2119 Carpenter Dm Rd, Hot Springs National Park, AR 71913-8780

    $730,000
    Estimated value
    9,100 sqft 1.59 AC lot
    View details
    2100 Albert Pike Rd
    SHOPPING CENTER, STRIP CENTER

    2100 Albert Pike Rd, Hot Springs, AR 71913-4005

    $1,015,000
    Estimated value
    17,985 sqft 1.94 AC lot
    View details
    124 Hwy 171
    SHOPPING CENTER, STRIP CENTER

    124 Hwy 171, Hot Springs National Park, AR 71913-8601

    $130,000
    Estimated value
    6,000 sqft 0.95 AC lot
    View details
    2110 Higdon Fry Rd
    SHOPPING CENTER, STRIP CENTER

    2110 Higdon Fry Rd, Hot Springs, AR 71913-7273

    $770,000
    Estimated value
    7,500 sqft 1.12 AC lot
    View details
    400 3rd St, Unit 406
    SHOPPING CENTER, STRIP CENTER

    400 3rd St, Hot Springs, AR 71913-3511

    Unit 406
    $215,000
    Estimated value
    5,900 sqft 0.32 AC lot
    View details
    4328 Central Ave, Unit 4334
    SHOPPING CENTER, STRIP CENTER

    4328 Central Ave, Hot Springs, AR 71913-7436

    Unit 4334
    $8,245,000
    Estimated value
    68,470 sqft 11.54 AC lot
    View details
    3935 Central Ave
    SHOPPING CENTER, STRIP CENTER

    3935 Central Ave, Hot Springs, AR 71913-7210

    $995,000
    Estimated value
    7,685 sqft 1.01 AC lot
    View details
    5737 Central Ave
    SHOPPING CENTER, STRIP CENTER

    5737 Central Ave, Hot Springs, AR 71913-9715

    $375,000
    Estimated value
    11,700 sqft 2.48 AC lot
    View details
    197 Moore St
    WHOLESALE OUTLET, DISCOUNT STORE

    197 Moore St, Hot Springs, AR 71901

    $1,930,000
    Estimated value
    8,000 sqft 1.63 AC lot
    View details
    104 Grand Isle Way
    SHOPPING CENTER, STRIP CENTER

    104 Grand Isle Way, Hot Springs National Park, AR 71913-7365

    $1,390,000
    Estimated value
    10,800 sqft 1.49 AC lot
    View details
    5702 Central Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    5702 Central Ave, Hot Springs National Park, AR 71913-9715

    $1,185,000
    Estimated value
    9,288 sqft 2.14 AC lot
    View details
    2220 Malvern Ave, Unit 2230
    SHOPPING CENTER, STRIP CENTER

    2220 Malvern Ave, Hot Springs National Park, AR 71901-8038

    Unit 2230
    $655,000
    Estimated value
    19,362 sqft 2.50 AC lot
    View details
    1739 Airport Rd
    SHOPPING CENTER, STRIP CENTER

    1739 Airport Rd, Hot Springs National Park, AR 71913-7949

    $680,000
    Estimated value
    31,528 sqft 4.41 AC lot
    View details
    2914 Central Ave
    SHOPPING CENTER, STRIP CENTER

    2914 Central Ave, Hot Springs, AR 71913-5240

    $365,000
    Estimated value
    5,266 sqft 0.48 AC lot
    View details

    Hot Springs, AR Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Hot Springs, AR, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 57,213 square feet of properties for sale, with an estimated market value of $4,700,000.

    Sale prices for plazas in Hot Springs, AR start at $2,200,000, averaging $2,350,000, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 32
    Automotive properties 10
    Shopping centers 10
    Auto shops 7
    Showrooms 5

    Demographics Overview

    Population 95K
    Population Growth (5Y) +5.1%
    Median Household Income $57,120
    College Educated 14.7%

    High-Yield Neighborhoods for Investment

    Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Hot Springs National Park - 71913 $2.2M

    Listings Trend

    New vs delisted commercial listings in Garland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hot Springs fall within the 50,000 to 100,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Hot Springs, AR

    Popular Categories

    Most Searched ZIP Codes in Hot Springs, AR

    • 71901
    • 71913

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!