On average, listings lease in the $10's per square foot per year. The Hot Springs region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 20% decrease in rent.
In the last 90 days, 26 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,200 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1974 and are Class A.