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2901 E Highland Drive - 2.18 AC Lot Behind Krispy Kreme, Jonesboro, AR

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2901 E Highland Drive - 2.18 AC Lot Behind Krispy Kreme

Jonesboro, AR 72401


Property Type:Land Parcel Size:2.18 Acres
Zoning:-
For Sale Price:$1,139,530 Price/Acre:$522,720 Price/SF:$12.00

Topography:-
Proposed Use:Retail, Restaurant

On-Site Improv:-


After being sought after by restaurants and retailers for over a decade, Haag Brown Commercial is pleased to bring this prime commercial site to the market. The property is in the heart of Jonesboro's main retail area and sits less than 475 feet from the signalized intersection of the city's main east/west and north/south thoroughfares, Red Wolf Boulevard and Highland Drive, lending it exposure to over 51,000 vehicles per day.

This property adjoins Centennial Bank's main campus to the east, Highland Drive to the north, the Fairgrounds Re-Development to the south, and Ryan's Restaurant to the west. Due to its unique location adjacent to the Fairgrounds Re-Development, this property shares all the access points enjoyed by its large retail development neighbor without being restricted by the existing ECR agreements on the Fairgrounds lots.
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.

Currently, NEA Baptist has just opened their $400 million dollar healthcare facility. This state-of-the-art healthcare 550,000 + SF institution is the largest in Jonesboro with clinical space for more than 120 physicians. This is the single largest investment made by Baptist in any community and the largest health care investment in AR.

Highlights
Frontage on Highland Drive
Adjoins Centennial Bank's Main Campus
Close to Jonesboro's Largest Intersection
Backs Up to Fairgrounds Re-Development
Multiple Access Points
Site has Been Highly Sought After by Restaurants and Retailers

Sale Notes:
Behind Brand New Krispy Kreme Location - $12 PSF

Haag Brown Commercial
Joshua Brown
(870) 336-8000

Zac Qualls
(870) 336-8000 x7




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