On average, listings lease in the $20's per square foot per year. The Hot Springs region is experiencing a an increase in rates. In the last 3 months, the median rate increased $9 per sqft per year. That's a 58% increase in rent.
In the last 90 days, 26 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 35% of the office spaces in the Hot Springs are subleases, so you might be able to find a shorter term or below market rent. 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 10,950 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1974 and are Class A.