2319 E Matthews Ave - Retail FOR SALE


Jonesboro, AR 72401
$1,100,000 USD
870-926-4588
2319 E Matthews Ave, Jonesboro, AR for Sale
$1,100,000 USD
Retail - FOR SALE
1/7
null | 7.5% Cap Rate

2319 E Matthews Ave
Jonesboro, AR 72401


HIGHLIGHTS

  • 100% leased providing immediate income.
  • Strategic location near Arkansas State University and the established Matthews Medical Mile.
  • Surrounded retail anchors including Walmart, Sam’s Club, Kroger, McDonald’s, and more.
  • Flexible multi-suite layout ideal for service retail, medical, or professional office users.
  • Corridor supported by dense neighborhoods and established commercial activity.
  • Billboard easement in place; billboard not included.

OVERVIEW

2315–2319 E Matthews Ave presents a fully leased neighborhood retail investment in one of Jonesboro’s most established commercial corridors. Positioned along the Matthews Medical Mile and minutes from Arkansas State University, the property benefits from consistent traffic, strong surrounding demographics, and long-term commercial stability. The multi-suite building is 100% occupied by a complementary mix of service-oriented tenants, providing immediate income and diversified rent streams. Flexible suite layouts support medical, professional office, and service retail uses, making the asset well-suited for long-term tenancy. Surrounded by major national retailers, regional shopping destinations, dense residential neighborhoods, and institutional demand drivers, the location offers durable fundamentals and steady visibility. A billboard easement is in place, with the billboard excluded from the sale. This offering represents a stabilized investment opportunity in a proven corridor with established tenancy and continued demand.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C-3

APN/PARCEL ID

01-144212-01900

ASK ABOUT THIS PROPERTY

Taylor WilsonHalsey Thrasher Harpole Real Estate GroupMore Info
870-926-4588

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Taylor WilsonHalsey Thrasher Harpole Real Estate GroupMore Info
870-926-4588

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