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2826 E Highland Drive, Jonesboro, AR

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DetailMap
2826 E Highland Drive

Jonesboro, AR 72401-6221


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1970
Building Size:3,300 SF Land Area:.48 AC (20,909 SF)
For Sale Price:$600,000 Price/SF:$181.82
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 3.36/1,000 SF
Features:Signage


This 3,300 SF stand-alone building is located near one of Jonesboro's busiest intersections at Red Wolf Blvd. and Highland Dr. The property adjoins a complete multi-million dollar renovation of a 60,000 SF shopping center known as "The Highlands". The 3,300 SF building could be used or the underlying acreage, 0.49 AC, could potentially be redeveloped.

The property has excellent visibility from both Highland Drive and Red Wolf Boulevard.

Located along 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 3,300 SF stand-alone building is located near one of Jonesboro's busiest intersections at Red Wolf Blvd. and Highland Dr. The property adjoins a complete multi-million dollar renovation of a 60,000 SF shopping center known as "The Highlands". The 3,300 SF building could be used or the underlying acreage, 0.49 AC, could potentially be redeveloped.

The property has excellent visibility from both Highland Drive and Red Wolf Boulevard.

Located along 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.

Haag Brown Commercial
Joshua Brown
(870) 336-8000

Zac Qualls
(870) 336-8000 x7




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