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701 E Highland Drive - Lot 1-13.5 AC on Retail Thoroughfare w/ 30K S, Jonesboro, AR

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701 E Highland Drive - Lot 1-13.5 AC on Retail Thoroughfare w/ 30K S

Jonesboro, AR 72401

Property Type:Land Parcel Size:6.5 Acres
For Sale Price:For Sale Price/SF:- Price/Acre:-

Portfolio:This property is for sale as part of a portfolio of 2 properties. Topography:-
Proposed Use:Retail

On-Site Improv:-

This property consists of an approximately 32,000 square foot existing church building on 13.5 acres in the heart of Jonesboro, AR. The front portion of the property is 6.5 acres of land with 625+ feet of frontage located on a retail artery. This piece of real estate is being offered into two portions.

Offering 1: The front 6.5 acres offers opportunity for retail development with excellent visibility and exposure to high traffic counts. This site is positioned on the corner of Highland Drive and Rains Street. This location is sandwiched between the new development at Southwest Drive and Red Wolf Boulevard. This is an exciting retail location.

Offering 2: The back 7 acres has an existing 32,000 square foot church building. This existing building would be ideal for a school system, church or medical system.
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.
13.5 AC of land with 30K SF Building
6.5 AC in Excellent Retail Development location
At the Corner of Rains and Highland
600+ FT of Frontage

Haag Brown Commercial
Joshua Brown
(870) 336-8000

Nathan Eller
(870) 336-8000

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