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Cornerstone Marketplace 200-500 Cornerstone Blvd
1,200 SF of Retail Space Available in Hot Springs, AR 71913
Highlights
- Heavy daytime foot traffic
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 242 | 1,200 SF | 3-5 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
200-258 Cornerstone Blvd - 1st Floor - Ste 242
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Cornerstone Marketplace
- Tenant
- Description
- US Locations
- Reach
- Belk
- -
- -
- -
- Books-A-Million
- -
- -
- -
- Lowe's
- -
- -
- -
- Office Depot
- -
- -
- -
- Sportsman's Warehouse
- Retailer
- -
- -
- T.J. Maxx
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Belk | - | - | - |
| Books-A-Million | - | - | - |
| Lowe's | - | - | - |
| Office Depot | - | - | - |
| Sportsman's Warehouse | Retailer | - | - |
| T.J. Maxx | - | - | - |
PROPERTY FACTS FOR 200-500 Cornerstone Blvd , Hot Springs, AR 71913
| Centre Type | Power Center | Gross Leasable Area | 384,408 SF |
| Parking | 1,735 Spaces | Total Land Area | 102.17 AC |
| Stores | 24 | Year Built | 1997 |
| Centre Properties | 7 | Cross Streets | Central Ave & Pakis Rd |
| Frontage |
| Centre Type | Power Center |
| Parking | 1,735 Spaces |
| Stores | 24 |
| Centre Properties | 7 |
| Frontage | |
| Gross Leasable Area | 384,408 SF |
| Total Land Area | 102.17 AC |
| Year Built | 1997 |
| Cross Streets | Central Ave & Pakis Rd |
About the Property
Cornerstone is a 335,000 square foot shopping center located on the corner of Central Avenue (Hwy 7 S) and the Martin Luther King Jr. Expressway. Anchor tenants in the center include Lowe's, Sportsman's Warehouse, Office Depot, Books-A-Million, Shoe Carnival, TJ Maxx, and other smaller tenants.
- Dedicated Turn Lane
- Pylon Sign
Nearby Major Retailers
-
Power Broker David Garfunkel -
A. J. & C. Garfunkel
Presented by
Cornerstone Marketplace | 200-500 Cornerstone Blvd
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