1330 S Caraway Rd - Drug Store FOR SALE


Jonesboro, AR 72401
$5,000,000 USD
870-514-5578
1330 S Caraway Rd, Jonesboro, AR for Sale
$5,000,000 USD
Drug Store - FOR SALE
1/5
null | Request Cap Rate

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1330 S Caraway Rd
Jonesboro, AR 72401


HIGHLIGHTS

  • Freestanding retail building with excellent visibility on South Caraway Road and East Nettleton Avenue.
  • Situated on a corner lot at a busy, lighted intersection.
  • Built in 2005 with durable construction and modern design.
  • Zoned C-3, allowing for a wide range of commercial uses.
  • Ample parking, great accessibility, high visibility, and a convenient drive-thru window.
  • Valuable asset ideal for retail, medical, restaurant, or service-oriented use.

OVERVIEW

Positioned at the high-traffic, signalized intersection of South Caraway Road and East Nettleton Avenue, this freestanding retail asset offers unmatched visibility in Jonesboro’s Primary Retail District. Built in 2005 with durable construction and modern design, the ±14,590 SF building sits on approximately 1.55 acres and features a convenient drive-thru window, ample parking, and multiple access points. Zoned C-3, the property accommodates a wide range of commercial uses, from retail and restaurants to healthcare or service-oriented businesses. Surrounded by major retailers, restaurants, and dense daytime population, this location benefits from exceptional accessibility and strong consumer traffic. With approximately $2 million remaining on the current lease, this offering presents a rare opportunity for investors seeking a well-positioned, income-producing property in one of Jonesboro’s most active commercial corridors.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

C-3

APN/PARCEL ID

01-144212-06500

ASK ABOUT THIS PROPERTY

Landon WilsonHalsey Real EstateMore Info
870-514-5578

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Landon WilsonHalsey Real EstateMore Info
870-514-5578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.