Hot Springs Office Space

634 Malvern Ave - Space Hot Springs, AR Onsite Parking.
Jun 16
4,910
sqft
Office Retail

Hot Springs

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$14
Median Size (sqft)
2,550

Hot Springs Rates

Most listings are in the $10's per square foot per year. The Hot Springs submarket is seeing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 45% decline in rent.

Hot Springs Listing Supply

In the last 90 days, 157 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings in the Hot Springs are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,550 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1965 and are Class A.

Hot Springs Community

Market Data

Real time and historical data on commercial real estate listings in Hot Springs.
Research