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4500 Central Ave
Hot Springs, AR 71913

Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,356 SF
Building Class
B
Year Built/Renovated
1994/2014
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
2.44 AC
Zoning
C-2
Frontage
279 ft on Central Ave

Amenities

  • Bus Route
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection

About 4500 Central Ave , Hot Springs, AR 71913

The subject property is well-positioned in a dense retail corridor, benefiting from its proximity to major national and local retailers. These include: Walmart, Lowe’s, Sears, JCPenney, McDonald’s Starbucks, IHOP, Wendy’s, Domino’s, KFC, Taco Bell, and many others. Hot Springs National Park, which includes portions of downtown Hot Springs, one of the most accessible national parks, with numerous hiking trails and camping areas, is located approximately six miles north of the subject property. Magic Springs and Crystal Falls, an amusement park and water park respectively, as well as one of Hot Springs main attractions, are both located within seven miles from the subject property. Additionally, Lake Hamilton, one of Arkansas’s most popular lakes, which features numerous resorts, condos and homes coupled with popular activities such as tubing, jet skiing and waterskiing, is located less than three miles from the subject property. Hot Springs is the eleventh-largest city in Arkansas and the county seat of Garland County. The city is home to the oldest federal reserve in the United States, which today is preserved as Hot Springs National Park. Hot Springs contains dozens of historic hotels and motor courts, built during the Great Depression in the art deco style. Hot Springs architecture is a key part of the city’s blend of cultures; including a reputation as a tourist town and a Southern city. Also a destination for the arts, Hot Springs features the Hot Springs Music Festival, Hot Springs Documentary Film Festival, and the Valley of the Vapors Independent Music Festival annually.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 083973
  • 083974
Land Assessment
£187,854
Improvements Assessment
£203,550
Total Assessment
£391,404
  • Listing ID: 15363121

  • Date on Market: 06/03/2019

  • Last Updated:

  • Address: 4500 Central Ave, Hot Springs, AR 71913

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