2203 Red Wolf Blvd - Restaurant FOR SALE


Jonesboro, AR 72401
$4,500,000 USD
870-336-8000
2203 Red Wolf Blvd, Jonesboro, AR for Sale
$4,500,000 USD
Restaurant - FOR SALE
1/8
null | 5.6% Cap Rate

2203 Red Wolf Blvd
Jonesboro, AR 72401


HIGHLIGHTS

  • 100% Leased - Local, Regional, & National Tenant Mix
  • A+ location surrounded by national brands - Academy Sports, Panera Bread, Cheddar's, Chicken Salad Chick
  • Exposure to more than 40,000 cars per day along Red Wolf Blvd.
  • High-profile 8,600 SF retail center built in 2015 that has enjoyed consistently strong tenancy ever since
  • Rare opportunity to acquire a high-quality, income-producing asset in a corridor with significant growth & low vacancy
  • Limited competing Class A product available for purchase in this trade area, enhancing its investment profile

OVERVIEW

This modern Class A multi-tenant retail center offers an exceptional opportunity for investors seeking a high-profile asset in an A+ Jonesboro location. Positioned directly on Red Wolf Blvd. at the entrance to the expansive Fairgrounds development, the property benefits from strong regional draw generated by nearby national brands such as Academy Sports, Panera Bread, Tacos 4 Life, Kohl’s, Lowe’s, Cheddar’s, GNC, Wings To Go, Qdoba, Chicken Salad Chick, Sissy’s Log Cabin, The Good Feet Store, and more. The approximately 8,600 SF center sits along Jonesboro’s primary retail corridor, Red Wolf Blvd., with exposure to over 40,000 vehicles per day and excellent visibility, access, and signage potential. Surrounding retailers and restaurants include Verizon, Baskin-Robbins, Bonchon Korean Fried Chicken, McDonald’s, Five Guys, LongHorn Steakhouse, Red Lobster, Chili’s, Olive Garden, Chick-fil-A, Target, JCPenney, Dillard’s, and the highly anticipated Shops at Turtle Creek redevelopment of the former mall site, further solidifying the area as the dominant retail hub for the market. Tenancy at the center is anchored by a strong mix of local, regional, and national users, including Aspen Dental, 5 Star Nutrition, Slurp, and Frank’s Hot Chicken, providing diversified income streams and daily traffic to the property. The modern architecture, high-quality construction, and well-balanced tenant lineup position this asset for long-term stability and rent growth. This is a rare chance to acquire a true Class A, income-producing asset along a corridor that has seen significant new development and consistently low vacancy. With limited competing product available for sale on Red Wolf Blvd., this offering stands out as a premier retail investment in one of Jonesboro’s most dynamic and proven trade areas.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$523 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8,600 SF Class A Multi-Tenant Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

C-3

APN/PARCEL ID

01-144282-04200

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.