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Multi-tenant Retail Center with Parking
For Sale
$894,628

268 E Page Ave, Malvern, AR 72104

Multi-tenant retail center with DG Market and Factory Connection anchors, plus a U.S. Bank ATM ground lease.

Property Size21,122 SF
Lot Size1.89 Acres
Price / SF$42.36
Days on Market20

Property Features for 268 E Page Ave

General Information

Standard status Active
Size 21,122 SF
Lot size 1.89 Acres
Property subtype Retail
Zoning C-2
Occupancy 71%

Amenities

well-lit parking lot

Building Details

Building Size 21,122 SF
Year Built 1965
Tenancy Multi
Listing Agency: Kelley Commercial Partners
Listed By: Brandon Sheard · License #AR #SA00086221
Source: Kelleycommercialpartners
Added: Jul 23 Changed: Aug 11 Last Checked: Aug 11 at 6:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelley Commercial Partners

Investment Insights

Based on property information with market context.

Multi-tenant retail center offering 21,122 SF across 1.89 acres, built in 1981. Approximately 71% of the center is occupied, providing existing rental income. Additional income is generated through a U.S. Bank ATM ground lease, and there is 6,177 SF available for lease.

The property is anchored by DG Market and Factory Connection, contributing to an established tenant mix. The site includes a well-lit parking lot with more than 100 spaces, supporting convenient customer access. C-2 zoning allows for a variety of commercial uses.

For buyers and brokers seeking a center with current income and available space, this property presents a straightforward, income-oriented retail asset with an on-site ground-lease revenue component.

Key Highlights

  • 21,122 SF multi‑tenant retail center on 1.89 acres
  • Approximately 71% occupied, generating existing rental income
  • U.S. Bank ATM ground lease adds additional income; 6,177 SF is available for lease

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Building Supply Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

71%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby
Under-served
Demand for This Use

Demographics for 72104, AR

23,456
Population
9,771
Households
2.4
Avg Household Size
41
Median Age
15%
College-Educated
88%
High-School Grad
326.5 sq mi
ZIP Area
72
Density / Sq Mi
$51,492
Median Household Income
$33,672
Median Earnings
$768
Median Rent
$117,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with DG Market and Factory Connection anchors, plus a U.S. Bank ATM ground lease.
Where is this shopping center located?
The property is located at 268 E Page Ave Malvern, AR.
What is the asking price?
The asking price for this property is $894,628.
What are key features of this property?
This property features: 21,122 SF multi‑tenant retail center on 1.89 acres; Approximately 71% occupied, generating existing rental income; U.S. Bank ATM ground lease adds additional income; 6,177 SF is available for lease
More about this property
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