Jefferson Square

• Centrally positioned along S Olive St, within the heart of Pine Bluff – Just minutes south of the downtown area and just north of I-530 and Jefferson Regional Medical Center (265 Beds)
• Jefferson Square boasts a long list of tenants with significant tenure at the Property – Characterized by 9 anchors with an average of over 19 successful years at the property and 12 total tenants with over 20 years of operating history at the property
• Anchored by long-time national credit tenants – Ollie’s Bargain Outlet, Planet Fitness, Citi Trends, Rainbow, Aaron’s, Shoe Show, Archwell Health, Family Dollar, Simply 10 and Madrag – A synergistic blend of discount-oriented retailers which make Jefferson Square a one-stop shopping destination for value-minded consumers
• Long-established retail center of gravity for the city of Pine Bluff and the surrounding region – ranked #1 of 5 within 15 mi. and #7 of 47 in Arkansas (Placer.ai Neighborhood Centers) – Further bolstered by a 70% current national/regional retail tenant roster
• Offering includes a separate Ace Cash Express bldg. and three outparcels occupied by a McDonald’s GL, a new Take 5 GL, and a Simmons National Bank drive-thru ATM – Providing an advantageous future ‘spin-off’ scenario, allowing future ownership to reduce equity exposure in the Asset
• In addition to rare included outparcel assets, Jefferson Square provides a significant value-add component – Via the lease-up of 21,402± SF of available space, representing roughly 7% of the Total GLA – all at a low PPSF well below replacement cost