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5715 E Johnson Avenue - & 5719, Jonesboro, AR

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5715 E Johnson Avenue - & 5719

Jonesboro, AR 72401

Property Type:Land Parcel Size:5.93 Acres
For Sale Price:$1,538,755 Price/Acre:$259,487 Price/SF:$5.96

Proposed Use:Commercial

On-Site Improv:Raw land

One of two lots that would make an excellent site for Medical Offices or Retail near the new NEA Baptist Hosptial site north of Jonesboro.

Sale Notes:
This 5.93 acre property is located along Highway 49 North across from the largest master planned project in this dynamic sector. It is also between the new $400 MM NEA Baptist Health System and the Northeast Arkansas Exposition and Conference Center. With easy access from Highway 49 N and exposure to over 21,000 cars per day, this site is ideal for medical/professional offices, restaurant or retail.

The property can be purchased as a whole for $2,600,000 or can be broken down into 3 individual tracts priced at approximately $10 per square foot.
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.

Currently, NEA Baptist is in the process of opening their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

Haag Brown Commercial
Josh Brown
(870) 336-8000

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