The typical asking rate per listing is in the $20's per square foot per year. The Hot Springs submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 31% rise in rent.
In the last 90 days, 7 listings have been posted online, which means listings 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 6,250 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1974 and are Class A.