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3701 E Johnson Avenue - Retail & Office Building in Booming Hilltop A, Jonesboro, AR

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3701 E Johnson Avenue - Retail & Office Building in Booming Hilltop A

Jonesboro, AR 72401


Property Type:Office Sub Type:- Status:Existing Year Built:2014
Stories:1 Typical Floor:7,700 SF Building Size:7,700 SF
% Leased:
For Sale Price:$400,000 Price/SF:$51.95
Cap Rate:-
Smallest Space:1,700 SF Largest Space:3,600 SF Total Space Avail:7,700 SF Rent/SF/Yr:
$18.00 - $30.00
Amenities:Banking, Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,400 SF
$21.00/SF/Yr
Vacant
Negotiable
Office/Retail
 1st
3,600 SF
$18.00/SF/Yr
Vacant
Negotiable
Office/Retail
 1st
1,700 SF
$30.00/SF/Yr
Vacant
Negotiable
Office/Retail
 
11252491
11252494
8148495
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,400 SF
$21.00/SF/Yr
Vacant
Negotiable
Office/Retail
1st
3,600 SF
$18.00/SF/Yr
Vacant
Negotiable
Office/Retail
1st
1,700 SF
$30.00/SF/Yr
Vacant
Negotiable
Office/Retail
This brand new development along Highway 49 North consists of 3 modern office/retail buildings located between the signalized intersections of Highway 49 & Old Greensboro Road and Highway 49 & Airport Road. Construction was completed in August 2013.

3,600 square feet is available in the 6,600 square foot building at the back of the development while the entire 2,400 square foot building in the middle of the development and 1,700 square foot building at the entrance of the development is available for lease. Lease rates will be negotiable based on the quality of the tenant and lease term.

Since the opening of the new NEA Baptist Healthcare System Campus, this area is booming with growth and lease space is in high demand. Unfortunately there are few options available at this time so this opportunity is extremely rare and will not be around long.

Jonesboro is the 5th largest city in Arkansas with a population of over 67,000. Our
Metropolitan Statistical Area (MSA) is over 121,000. We are centrally located with easy access to other major markets including America' s Distribution Center, Memphis, Tennessee.

A well qualified workforce, low cost utilities, the training capabilities of Arkansas State University and an overall low cost of doing business are just a few reasons why many companies are proud to call Jonesboro home. In addition, the quality of life is exceptional with excellent healthcare, abundant retail opportunities and numerous recreational and cultural activities available. Jonesboro has been recognized as a City of Distinction for Workforce Development, and as one of the Top Ten Small Markets of the Decade. We have also been recognized in various publications for our quality education and a great entrepreneurial atmosphere.

Jonesboro has planned for continued economic growth. The community boasts several industrial parks with ample room for industrial expansion. The industrial parks have all infrastructure in place, including access to a high quality transportation network.

Sale Notes:
This brand new development along Highway 49 North will consist of 2 modern office/retail buildings located between the signalized intersections of Highway 49 & Old Greensboro Road and Highway 49 & Airport Road. Construction is currently underway and the spaces will be completed by Fall 2013.

The 0.3 acre lot at the entrance of the development is available for purchase. It has highly sought after frontage on Highway 49 North with exposure to over 30,000 cars per day. With the opening of the new NEA Baptist Healthcare System Campus quickly approaching, this area is booming with growth and real estate is in high demand.

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 is well into the development of their $400 million dollar healthcare facility. This state-of-the-art healthcare 550,000 + SF institution will be 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.

Haag Brown Commercial
Josh Brown
(870) 336-8000


Haag Brown Commercial
Josh Brown
(870) 336-8000



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