Most listings are in the $10's per square foot per year. The Hot Springs region is seeing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 45% decline in rent.
In the last 90 days, 157 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Hot Springs are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,550 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1965 and are Class A.
Real time and historical data on commercial real estate listings in Hot Springs.
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