70 West Shopping Center for Sale

201-207 Airport Road Hot Springs, AR 71913

  • 39,804 Square Feet
  • Retail
  • For Sale

Summary Description

Colliers International | Arkansas is offering for sale the Highway 70 Shopping Center, 201-207 Airport Road, Hot Springs Arkansas, bounded on the north side by Highway 70 and on the east side by St. Louis Street. Highway 70 consists primarily of strip commercial including quick serve restaurants, c-stores, branch banks, and shopping centers. The majority of residential density is located to the east and south of the shopping center. Highway 70 is a principal traffic artery leading out of Hot Springs both west and south. Growth and development of the city will continue to follow Highway 270 and 70, providing a positive outlook for the neighborhood of the subject property.

Price: $3,250,000.00

Lot Size: 5.32 Square Feet

Building Size: 39804 Square Feet

Area Available: 39,804 Square Feet

Features:

  • Total square footage: approx. 39,804 SF
  • NNN leases with annual base rent increases
  • New signal light directly in front of the center
  • One undeveloped pad-ready outparcel
  • 5.57 parking spaces per 1,000 SF of building area
  • Located in Hot Springs, AR (50 miles southwest of Little Rock)
  • Offering memorandum available upon execution of a confidentiality agreement
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