Pine Bluff Mall
Pine Mall | Value-Add or Redevelopment | Located across from $600M Saracen Casino Development
Marketing description
Anchor Net Lease and David B Zacharia, Arkansas Broker is pleased to present 2901 Pines Mall Drive in Pine Bluff, Arkansas. The 486,015 SF Vacant Mall sits on nearly 50 acres, is an ideal Redevelopment Opportunity for someone looking to capitalize on the newly developed $350M Saracen Casino and $250M Saracen Hotel located directly across the street.
Situated in the southeastern portion of Pine Bluff, the property is located just north of Interstate 530 with ingress and egress from Highway 65 and East Harding Avenue. The property is zoned B-2, a shopping center district, which is intended to allow for diverse, large-scale commercial development in a planned and coordinated site. The property comes with ample parking and numerous undeveloped outparcels.
Neighboring national credit tenants include Lowe’s Home Improvement, McDonalds, Wendy’s, Staples, KFC, Red Lobster, Fresenius and Dillard's. Hotels in the immediate area include the Executive Inn, Super 8, Best Western, Holiday Inn and Quality Inn.
Pine Bluff, the tenth-largest city in Arkansas and the county seat of Jefferson County, blends small-town affordability with Southern charm. It is home to the University of Arkansas at Pine Bluff (UAPB), and serves as a vital educational and cultural hub for the region. The city also offers excellent multimodal connectivity through the Port of Pine Bluff, Pine Bluff Airport, Union Pacific Railroad, and Interstate 530, making it a key logistics and transportation center. Pine Bluff benefits from competitive statewide and local incentives, low operating costs, and strong infrastructure. Major employers in the area include Tyson, US Food & Drug, Evergreen Packaging, Twin Rivers Paper Company, Saracen Casino Resort, and Pine Bluff Arsenal. Strategically positioned within the region’s primary commercial corridor, the property is located across from the $550 million Saracen Casino Resort.
Investment highlights
SARACEN CASINO
- Newly constructed $350M Casino directly adjacent to the property.
- Currently under construction and scheduled for completion in 2025; a $250M, 13-story, 320-room Casino
Resort Hotel driving the amount of visitors who stay for extended periods of time.
- Saracen Pine Bluff Casino is the newest casino in the state.
- The Casino sees over 1-Million visitors per year, which is over 1/3 of the entire population of Arkansas
REDEVELOPMENT OPPORTUNITY
- 486,015 SF vacant mall redevelopment opportunity priced at $16 PSF.
- Numerous undeveloped outparcels available for Ground Lease or BTS opportunities
- Strategic positioning near area demand drivers, including Saracen Casino and the University of Arkansas
Pine Bluff.
- Neighboring national tenants include Lowe’s, Staples, McDonalds, KFC, Red Lobster, Dollar Tree, Goodwill,
etc.
LOCATION
- Downtown Redevelopment: Efforts such as the Go Forward Pine Bluff initiative are revitalizing the
downtown with new businesses, restored buildings, and public spaces to attract investment and tourism.
- The property has direct access from the Interstate 530 interchange and access from E. Harding Drive
(Highway 190) and Highway 65, with combined traffic counts above 46,000 vehicles per day.
- In 2019, CNBC voted Arkansas as the #3 state for overall cost of doing business. Statewide and local
incentives and programs, as well as low operating costs, and great logistics infrastructure, Jefferson
County leads the state in new development.
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