For Lease
$10/SF/YR

1409 Malcolm Ave Newport, AR 72112

High-traffic retail space in Newport, AR.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail opportunity is located at 1409 Malcolm Avenue, Suite B, in Newport, Arkansas, 72112. The property boasts a prime location on a busy thoroughfare, experiencing high traffic counts exceeding 14,000 vehicles daily, ensuring maximum visibility for your business. The single-story, 7,200 square foot building, constructed in 1982 and renovated in 2002, is classified as Class B and sits on a one-acre lot (15,000 square feet). Currently, 4,200 square feet of space is available, divisible into units ranging from 1,200 to 3,000 contiguous square feet. The property features ample parking with dual access points, enhancing customer convenience. Benefit from prominent marquee signage opportunities to increase brand awareness. The property is well-managed with a triple net (NNN) lease rate of $1.50 per square foot. Flexible lease terms are available, along with build-to-suit (BTS) and tenant improvement (TI) allowances to customize the space to your specific needs. Join established inline tenants, including Cricket Wireless and Tobacco USA. Property taxes are $0.35 per square foot. No elevators are present.

Highlights

  • 7,200 SF retail space available for lease in Newport, AR.
  • High-traffic location (14,000+ VPD) on Malcolm Ave.
  • Class B building, 1-acre lot, built in 1982, renovated in 2002.
  • 4,200 SF currently available, divisible into 1,200-3,000 SF units.
  • Ample parking with dual access points and prominent signage opportunities.
  • NNN lease at $1.50/SF, flexible terms, TI allowances, and BTS options available.

Property Details for 1409 Malcolm Ave

Property type
Retail properties
RSF (Rentable sq. ft)
7,200 SF
Class
B
Year Built/Renovated
1982/2002
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite B
Size
1,200 SF
Rate per SF
$10

Location Insight

City
Newport
County
Jackson
State
Arkansas
Latitude
35.6063389
Longitude
-91.2623656

FAQs

What type of property is this?
Retail property - High-traffic retail space in Newport, AR.
Where is the retail property located?
The property is located at 1409 Malcolm Ave Newport, AR.
What is the lease rate?
The lease rate is $10/SF/YR.
What are key features of this property?
This property features: 7,200 SF retail space available for lease in Newport, AR.; High-traffic location (14,000+ VPD) on Malcolm Ave.; Class B building, 1-acre lot, built in 1982, renovated in 2002.
How can I contact the broker?
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1409 Malcolm Ave
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