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1203 - 1207 W Parker Road - Convenience Store & Restaurant Overlooking I-, Jonesboro, AR

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1203 - 1207 W Parker Road - Convenience Store & Restaurant Overlooking I-

Jonesboro, AR 72404-8466


Property Type:Retail Sub Type:Service Station Status:Existing Year Built:-
Building Size:2,168 SF Land Area:1.87 AC (81,457 SF)
For Sale Price:$3,000,000 Price/SF:$1,383.76
Cap Rate:-


Description
This 2,168 square foot convenience store sits at the major signalized intersection of West Parker Road and Southwest Drive, overlooking Future Interstate 555. It's convenient corner location makes traffic flow into and out of the property easy and lends the site exposure to approximately 27,000 cars per day.

The 1.87 acre lot is also home to a 3,040 square foot free-standing building which is currently occupied by a Mexican restaurant. This growing restaurant/retail area consists of several national tenants including Outback Steakhouse, Dollar Tree, Wal-Mart Super Center, and Big Lots, as well as, numerous local businesses and banks.
Located along U.S. Highway 63 (soon to be Interstate 555), Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them!

Jonesboro continues to be the primary bastion of growth and investment. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions.

NEA Baptist is getting settled into their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Sale Notes:
This 2,168 square foot convenience store sits at the major signalized intersection of West Parker Road and Southwest Drive, overlooking Future Interstate 555. It's convenient corner location makes traffic flow into and out of the property easy and lends the site exposure to approximately 27,000 cars per day.

The 1.87 acre lot is also home to a 3,040 square foot free-standing building which is currently occupied by a Mexican restaurant. This growing restaurant/retail area consists of several national tenants including Outback Steakhouse, Dollar Tree, Wal-Mart Super Center, and Big Lots, as well as, numerous local businesses and banks.
Located along U.S. Highway 63 (soon to be Interstate 555), Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them!

Jonesboro continues to be the primary bastion of growth and investment. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.

Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions.

NEA Baptist is getting settled into their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Highlights
Located At Major Signalized Intersection
On Future Interstate 555 Bypass
Fully Operational C-Store
Free-Standing Restaurant
Exposure to 27,000 CPD
Close to New Wal-Mart Super Center

Haag Brown Commercial
Josh Brown
(870) 336-8000




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