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Shady Grove Plaza 998 Shady Grove Rd 1,500 SF of Retail Space Available in Hot Springs, AR 71901

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HIGHLIGHTS

  • High volume traffic: 41,000 VPD - 270 Bypass; 9,100 VPD Carpenter Dam Rd; 4,100 VPD Shady Grove

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste B
  • 1,500 SF
  • Negotiable
  • $16.80 /SF/YR $1.40 /SF/MO $25,200 /YR $2,100 /MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Prime 1,500 SF retail space available for lease in a beautifully maintained strip center at the intersection of Carpenter Dam Road and Shady Grove Road. Positioned next door to Shipley’s Donuts, this location offers outstanding visibility, convenient access, and excellent monument signage. Ideal for retail or service-oriented businesses seeking a high-traffic location in Hot Springs!

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • 1,500 SF Retail Suite in Hot Springs, AR!
  • Excellent location, accessibility & visibility!
Space Size Term Rental Rate Rent Type
1st Floor, Ste B 1,500 SF Negotiable $16.80 /SF/YR $1.40 /SF/MO $25,200 /YR $2,100 /MO Modified Gross

1st Floor, Ste B

Size
1,500 SF
Term
Negotiable
Rental Rate
$16.80 /SF/YR $1.40 /SF/MO $25,200 /YR $2,100 /MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Prime 1,500 SF retail space available for lease in a beautifully maintained strip center at the intersection of Carpenter Dam Road and Shady Grove Road. Positioned next door to Shipley’s Donuts, this location offers outstanding visibility, convenient access, and excellent monument signage. Ideal for retail or service-oriented businesses seeking a high-traffic location in Hot Springs!

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • 1,500 SF Retail Suite in Hot Springs, AR!
  • Excellent location, accessibility & visibility!

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 broker 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.

PROPERTY FACTS

Total Space Available 1,500 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 12,300 SF
Year Built 2015

ABOUT THE PROPERTY

Prime 1,500 SF retail space available for lease in a beautifully maintained strip center at the intersection of Carpenter Dam Road and Shady Grove Road. Positioned next door to Shipley’s Donuts, this location offers outstanding visibility, convenient access, and excellent monument signage. Ideal for retail or service-oriented businesses seeking a high-traffic location in Hot Springs!

NEARBY MAJOR RETAILERS

Simmons Bank
Jazzercise
  • Listing ID: 30648365

  • Date on Market: 10/20/2025

  • Last Updated:

  • Address: 998 Shady Grove Rd, Hot Springs, AR 71901

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