Commercial real estate is property that is used exclusively for business or commercial purposes such as office space; retail stores; warehouses; industrial space (buildings and manufacturing plants); hospitals; hotels and resorts; restaurants; shopping malls; and strip malls. Multifamily rental properties such as apartment complexes are also classified as commercial real estate.

Most commercial real estate is leased to tenants engaged in business or commercial activities. Commercial real estate is often an investment asset for real estate investment trusts (REITs) and large other investors.

In Arkansas, commercial real estate encompasses properties used for business or commercial activities, including office spaces, retail stores, warehouses, industrial buildings, hospitals, hotels, restaurants, shopping centers, and multifamily rental properties like apartment complexes. These properties are typically leased to tenants for business purposes. The leasing, sale, and management of commercial real estate in Arkansas are governed by state statutes and regulations, which address issues such as zoning, land use, environmental compliance, and building codes. Additionally, commercial real estate transactions are subject to federal laws, including those related to taxes, securities (in the case of REITs), and the Americans with Disabilities Act (ADA) for accessibility. Investors and businesses dealing with commercial real estate in Arkansas should ensure compliance with these regulations and may benefit from consulting with an attorney to navigate the complex legal landscape.