1325 Albert Pike Rd, Hot Springs, AR 71913
107,050 SF | 57% Leased | Retail Building | Hot Springs, AR 71913 | $5,500,000 ($51/SF)
Asking Price $5,500,000
- Property Type
-
Retail
- Square Feet
- 107,050 SF
- Price / Square Foot
- $51
Listing Contacts
- Property Info
Property Overview
Value-add opportunity for a new owner to increase occupancy and rents by investing in capital improvements for the façade, landscaping and overall appearance of the property. Potential to convert one of the big boxes into medical, surgical or specialized use – other users to consider include H&E Equipment Services, Southern Tire Mart, Marshall’s, Esporta Fitness, Lucid Motors, POOLCORP or a variety of fast-casual restaurants.
Property Details
- Class
- C
- Year Built
- 1973
- Stories
- 1
- Lot Size (sq. ft)
- 362,855 SF
Highlights
- The Center’s location at the intersection of Albert Pike Rd. and Airport Rd. is one of the highest-traveled areas in Hot Springs (25,000 VPD)
- Multiple outparcel options available with excellent synergy with existing QSRs along Albert Pike Rd.
- Proximity to big-box retailers including Walmart, Kroger, Sutherlands and Big Lots
- Hot Springs attractions like Oaklawn Casino and Resort, Lake Hamilton and Lake Ouachita drive tourism year-round
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