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 $3 per sqft per year. That's a 12% decrease in rent.
In the last 90 days, 25 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 900 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1974 and are Class A.