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Investment Highlights

  • Ranked #1 of 5 within 15 mi. and #7 of 47 in Arkansas (Placer.ai Neighborhood Centers)
  • 70% current national/regional retail tenant roster
  • Includes McDonald's GL, new Take 5 GL, and Simmons National Bank drive-thru ATM outparcels
  • 9 anchors with an average of over 19 successful years at the property
  • 21,402± SF of available space — low PPSF well below replacement cost
  • Synergistic blend of discount-oriented retailers — one-stop shopping destination for value-minded consumers

Executive Summary

Broker of Record
Kyle Matthews
License # PB00084217 (AR)
MREIS AR Real Estate
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
316,268 SF
Building Class
C
Year Built/Renovated
1961/1983
NOI
$1,697,611
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
30.00 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • -
  • -

Aaron's began in 1955 with a lease-to-own model built to make name-brand home products more accessible. The company offers furniture, consumer electronics, home appliances, computers, and televisions through company-operated and franchised stores, along with online shopping. Aaron's serves customers across the United States and Canada and supports purchases with flexible payment options, product service, and repair coverage during the lease term. The company began public trading in 1982 and has remained focused on lease ownership for household goods.

  • Archwell Health
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Apr 2034
  • Beauty Plaza
  • Retailer
  • -
  • $9.38
  • Triple Net
  • -

Beauty Plaza carries all varieties of hair care beauty products previously available only at the best hair salons. They offer the best in hair care. No matter your hair type; you will find the perfect hair care products at great prices. You can also find top brands of hair beauty supplies including hairbrushes, curling & flat providing professional hair, skin, body, and cosmetic products to the world. Beauty Plaza is devoted to 100% Customer irons and hair styling products at discount prices.

  • Retailer
  • -
  • -
  • -
  • -

Citi Trends is a specialty value retailer focused on providing affordable fashion apparel, accessories, and home décor products to a diverse customer base across the United States. Founded in 1946, the company has grown from its origins as Savannah Wholesale into a publicly traded retailer listed on NASDAQ under the ticker symbol CTRN. Citi Trends primarily serves multicultural families, offering a wide selection of clothing for men, women, and children, along with footwear, beauty products, and home goods. The company emphasizes trend-right merchandise at discounted prices, catering to customers seeking style and value. With hundreds of stores across multiple states, Citi Trends continues to expand its footprint in urban and rural markets. Its business model combines competitive pricing with localized assortments to meet the needs of its core demographic.

  • Retailer
  • -
  • -
  • -
  • Aug 2027

When purchasing a new home, most people refer to the expertise of real estate agents; specialized professionals that have been and will be selling homes for years. Why accept less expertise when you need to fill your new home with Furniture? Stop and think about it. If you really want help -- go to the experts! Homestyle Furniture has been in the Furniture business for years. That's what they love, that's what they do, and that's what they know. So if you want to get your money's worth, shop with Homestyle Furniture and expect nothing less than expert advice and service.

  • Retailer
  • -
  • -
  • -
  • -

Madrag is a dynamic fashion retailer committed to bringing the hottest trends to budget-conscious shoppers without compromising on style. Catering primarily to juniors and plus-size women, Madrag curates an extensive collection of apparel, footwear, lingerie, swimwear, and accessories designed to empower individuals to express their unique fashion sense. The brand sets itself apart by delivering runway-inspired looks at affordable prices, making fashion accessible and fun for everyone. Beyond clothing, Madrag’s mission is to inspire confidence and creativity, offering customers bold looks for every occasion. Headquartered in North Bergen, NJ, Madrag continues to grow as a leading destination for those seeking trendy, vibrant, and inclusive fashion choices.

  • Retailer
  • -
  • -
  • -
  • -

Record Rack has it all from music to adult novelties!

  • Retailer
  • -
  • -
  • -
  • -

SHOE SHOW MEGA is a division of SHOE SHOW, INC., a footwear retailer that began in 1960 in North Carolina and has grown into a broad chain with a wide retail network across the United States. The business focuses on branded footwear, bags, and accessories for men, women, and children, with shopping available in stores and online. Its product mix includes dress shoes, casual shoes, athletic shoes, sandals, boots, handbags, and related accessories, supported by a family-oriented retail format and multiple store banners within the larger company.

  • Retailer
  • -
  • -
  • -
  • Sep 2027

Believe it! Simply 10 has thousands of the latest fashions & accessories for simply 10 dollars or less! Jeans, Tops, Shoes, Jackets, Jewelry etc.. All simply 10 dollars or less. Junior & Plus Size Ladies Fashions with 45 Locations.

  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Southeast Arkansas Physical Therapy provides quality physical therapy services with a caring attitude! You are always a name and not a number and will always be treated with dignity and respect. They provide individual protocols to make sure you reach the highest potential possible!

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - - -
Archwell Health Health Care and Social Assistance - - - Apr 2034
Beauty Plaza Retailer - $9.38 Triple Net -
Retailer - - - -
Retailer - - - Aug 2027
Retailer - - - -
Retailer - - - -
Retailer - - - -
Retailer - - - Sep 2027
Health Care and Social Assistance - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 10
  • 4,200 SF
  • Retail
  • -
  • Now
  • 14
  • 678 SF
  • Office/Retail
  • -
  • Now

678 square feet of office/retail space available for lease.

  • 24
  • 2,880 SF
  • Office/Retail
  • -
  • Now

2,880 square feet of office/retail space available for lease.

  • 5
  • 7,496 SF
  • Office/Retail
  • -
  • Now
Space Size Space Use Position Available
10 4,200 SF Retail - Now
14 678 SF Office/Retail - Now
24 2,880 SF Office/Retail - Now
5 7,496 SF Office/Retail - Now

10

Size
4,200 SF
Space Use
Retail
Position
-
Available
Now

14

Size
678 SF
Space Use
Office/Retail
Position
-
Available
Now

24

Size
2,880 SF
Space Use
Office/Retail
Position
-
Available
Now

5

Size
7,496 SF
Space Use
Office/Retail
Position
-
Available
Now

14

Size 678 SF
Space Use Office/Retail
Position -
Available Now

678 square feet of office/retail space available for lease.

24

Size 2,880 SF
Space Use Office/Retail
Position -
Available Now

2,880 square feet of office/retail space available for lease.

Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

Planet Fitness
Simmons Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
931-61265-000
Land Assessment
$113,790
Improvements Assessment
$1,413,750
Total Assessment
$1,527,540
  • Listing ID: 41753885

  • Date on Market: 8/14/2026

  • Last Updated:

  • Address: 2801 S Olive St, Pine Bluff, AR 71603

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