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Newport AR - Great Visibility 1409 Malcolm Ave 1,200 - 2,700 SF of Retail Space Available in Newport, AR 72112
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste B | 1,200 SF | - | 3 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $16,751 CAD/YR $1,396 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste D | 1,500 SF | 10’ | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $25,127 CAD/YR $2,094 CAD/MO | Triple Net (NNN) |
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste D
Prime Retail Space Available – Join Domino’s & Cricket Wireless! Brand new inline suite located in Newport’s busiest retail corridor. Recently white-boxed with new ceiling, lighting, and finishes—ready for your business to make its mark. Be part of a growing tenant mix in the highest traffic area in town and take advantage of strong co-tenancy with national brands. Ideal for retail, service, or quick-serve concepts looking to expand in a high-visibility location.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 10’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT NEWPORT AR - GREAT VISIBILITY
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cricket
- Wireless Communications
- 5,994
- National
- Dominos
- Accommodation and Food Services
- -
- -
- Tobacco World
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cricket | Wireless Communications | 5,994 | National |
| Dominos | Accommodation and Food Services | - | - |
| Tobacco World | - | - | - |
PROPERTY FACTS
| Total Space Available | 2,700 SF | Gross Leasable Area | 7,200 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Convenience Store | Parking Ratio | 4.17/1,000 SF |
| Total Space Available | 2,700 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 7,200 SF |
| Year Built | 1980 |
| Parking Ratio | 4.17/1,000 SF |
ABOUT THE PROPERTY
Great space in the heart of residential district. Easy access and solid visibility. Updates are underway including: NEW roof, NEW facade, UPDATED canopy lighting, and a general clean up/painting of the entire center and parking lot. This property will not look the same. Share inline space with Cricket, Domino's and Tobacco World. Tremendous traffic! 12,000vpd (2021) which is the highest in town. Great signage and visibility from the street. Large frontage and easy double access.
NEARBY MAJOR RETAILERS
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Newport AR - Great Visibility | 1409 Malcolm Ave
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