2007 W Parker Rd - Storefront FOR SALE


Jonesboro, AR 72404
$879,000 USD
870-336-8000
2007 W Parker Rd, Jonesboro, AR for Sale
$879,000 USD
Storefront - FOR SALE
1/9
null | 7% Cap Rate

2007 W Parker Rd
Jonesboro, AR 72404


HIGHLIGHTS

  • Located Next to New Walmart Supercenter and KFC/Taco Bell
  • Ample Parking
  • Lots of Exterior Lights
  • Great Interstate Presence
  • Beautiful, Modern Architecture
  • New Construction

OVERVIEW

This three-tenant retail/office property presents a rare opportunity to acquire a stabilized investment property in one of the most desirable retail corridors in Jonesboro, Arkansas. Strategically positioned as an outparcel to the dominant Walmart Supercenter and located just off Interstate 555, the property benefits from exceptional visibility, strong daily traffic counts, and convenient accessibility. The property consists of a well-maintained professional retail/office building with three established tenants. Since the redevelopment, the property has maintained 100% occupancy with no tenant turnover, demonstrating the strength of the location and the desirability of the space. Surrounded by high-income residential neighborhoods and positioned within one of Jonesboro's most active retail corridors, the property offers investors both stable in-place income and future upside potential.

FOR SALE DETAILS

PRICE

$879,000 USD

PRICE/SF

$153 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

For Sale: 5,000 SF Retail/Office Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C-2

APN/PARCEL ID

01-143264-21000

ASK ABOUT THIS PROPERTY

Nathan EllerHaag Brown CommercialMore Info
870-336-8000

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Nathan EllerHaag Brown CommercialMore Info
870-336-8000

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