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Freestanding Retail Building for Sale 2401 Malcolm Ave 13,020 SF Retail Building Newport, AR 72112 $1,523,489 CAD ($117.01 CAD/SF)
Investment Highlights
- Malcom Ave: 12,850 VPD
- Stegall Rd: 6,150 VPD
Executive Summary
• ±13,020 SF Freestanding Retail Building for Sale
• Availability is estimated for March 2025
• 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
• Availability is estimated for March 2025
• 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
Price
$1,523,489 CAD
Price Per SF
$117.01 CAD
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
Property Taxes
| Parcel Number | 013-00327-007 | Improvements Assessment | $272,191 CAD |
| Land Assessment | $31,640 CAD | Total Assessment | $303,831 CAD |
Property Taxes
Parcel Number
013-00327-007
Land Assessment
$31,640 CAD
Improvements Assessment
$272,191 CAD
Total Assessment
$303,831 CAD
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Freestanding Retail Building for Sale | 2401 Malcolm Ave
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