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Parkwood Drive & Fair Park Boulevard - Township Centre Development, Jonesboro, AR

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Parkwood Drive & Fair Park Boulevard - Township Centre Development

Jonesboro, AR 72401

Property Type:Land Parcel Size:9.3 Acres
For Sale Price:$689,122 Price/Acre:$457,146 Price/SF:$1.70

Proposed Use:Commercial, Retail

On-Site Improv:-

6 AC Directly Across Parkwood from Academy Sports - $8 PSF

Sale Notes:
This AMAZING RETAIL LOCATION sits along Red Wolf Boulevard between Interstate 555 and the Mall at Turtle Creek. In fact, the site is situated at the epicenter of Jonesboro' s main retail sector and has been the focal point of the city' s growth for the past 10 years. Dozens of new restaurants and retailers have flocked to the area and encompass the site including Academy Sports, Cheddar' s Casual Cafe, Panera Bread, Men' s Wearhouse, Qdoba, The Refinery, Sissy's Log Cabin, Starbucks, On the Border, Ashley Furniture, Plato's Closet, FFO Home, Uncle Maddio's, Gigi's Cupcakes, Aspen Dental, Wings to Go, Tacos 4 Life and Chicken Salad Chick.

The site is development ready with major infrastructure and commercial zoning already in place. The site has excellent exposure on Red Wolf Boulevard with traffic counts reaching 34,000 cars per day, as well as, Race Street where traffic counts total 11,000 cars per day.

Located along 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 settled into their new $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

Greg Haag
(870) 336-8000

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