1409 Malcolm Ave, Newport, AR 72112-3617
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.