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- LoopNet Team
4500 Central Ave
Hot Springs, AR 71913
Red Lobster · Retail Property For Sale
PROPERTY FACTS
- Restaurant
- General Retail Freestanding
- 279 FT on Central Ave
- 345 FT on Mall St
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
About 4500 Central Ave , Hot Springs, AR 71913
This Red Lobster is located at 4500 Central Avenue in Hot Springs, Arkansas. Hot Springs is the eleventh-largest city in Arkansas and the county seat of Garland County. The city is located in the Ouachita Mountains among the U.S. Interior Highlands, and is set among several natural hot springs for which the city is named. Surrounding Retail and Points of Interest 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. Traffic Counts and Demographics Hot Springs has approximately 21,837 individuals residing within a three-mile radius of the property and more than 51,913 within a five-mile radius. The Red Lobster property is located on Central Avenue which intersects with Mall Street. Central Avenue has an average daily traffic count of 19,819 vehicles. Nearby Dr. Martin Luther King Jr. Expressway has a daily traffic count of approximately 52,000 vehicles. Hot Springs, Arkansas 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.
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $255,870 |
Land Assessment | $236,140 | Total Assessment | $492,010 |
PROPERTY TAXES
- 083973
- 083974
Learn More About Investing in Retail Properties
Listing ID: 13087913
Date on Market: 7/6/2018
Last Updated:
Address: 4500 Central Ave, Hot Springs, AR 71913
The Retail Property at 4500 Central Ave, Hot Springs, AR 71913 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.