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2935 Parkwood Road, Jonesboro, AR

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DetailMap
2935 Parkwood Road

Jonesboro, AR 72401


Property Type:Retail Sub Type:- Status:Existing Year Built:2013
Building Size:8,250 SF Land Area:1.21 AC (52,708 SF)
For Sale Price:$2,889,231 Price/SF:$350.21
Cap Rate:6.50 %


This 8,250 SF NNN Leased Retail Strip Center is part of the Fairgrounds Retail Development. Situated on Parkwood, directly off of Red Wolf Blvd, this property has exposure to more than 41,000 CPD on Red Wolf Blvd. The center features some very exciting tenants including Qdoba, Slate and Wings- to-Go. The neighboring retailers include Starbucks, On The Border, Sleep Number, Verizon, Panera Bread, Sissy' s Log Cabin, Uncle Maddio' s, Gigi' s Cupcakes, Cheddar' s Casual Cafe, Academy Sports, and many others.

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 8,250 SF NNN Leased Retail Strip Center is part of the Fairgrounds Retail Development. Situated on Parkwood, directly off of Red Wolf Blvd, this property has exposure to more than 41,000 CPD on Red Wolf Blvd. The center features some very exciting tenants including Qdoba, Slate and Wings- to-Go. The neighboring retailers include Starbucks, On The Border, Sleep Number, Verizon, Panera Bread, Sissy' s Log Cabin, Uncle Maddio' s, Gigi' s Cupcakes, Cheddar' s Casual Cafe, Academy Sports, and many others.

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.


Haag Brown Commercial
Joshua Brown
(870) 336-8000

Nathan Eller
(870) 336-8000




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