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Executive Summary

• ±13,020 SF Freestanding Retail Building for Sale
• Prime retail location with excellent visibility near a busy, lighted intersection
• Multiple ingress and egress points provide easy access in and out of the property
• Drive-thru
• Ample parking
• Ideal for a medical clinic, grocery store, gym, or a national or local retailer needing large box space
• All offers are subject to approval by the Walgreens Real Estate Committee

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,020 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.34 AC
Zoning
Commercial - Commercial
Parking
32 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
108’ on Malcolm Avenue
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Regions Bank
Rent One Home Furnishings
First Horizon Bank

Property Taxes

Property Taxes

Parcel Number
013-00327-007
Land Assessment
$22,860
Improvements Assessment
$196,660
Total Assessment
$219,520
  • Listing ID: 34553527

  • Date on Market: 1/21/2025

  • Last Updated:

  • Address: 2401 Malcolm Ave, Newport, AR 72112

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