4115 E Johnson Ave - Restaurant FOR SALE


Jonesboro, AR 72405
$1,800,000 USD
870-336-8000
4115 E Johnson Ave, Jonesboro, AR for Sale
$1,800,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

4115 E Johnson Ave
Jonesboro, AR 72405


HIGHLIGHTS

  • RARE EXISTING RESTAURANT BUILDING
  • Located within BOOMING Hilltop area
  • Surrounded by NEW development with more to come
  • Access & Visibility to over 32,000 cars per day
  • Building currently seats 94 occupants
  • *** DEMO'S BARBEQUE & SMOKEHOUSE IS NOT SHUTTING DOWN - THEY WILL CONTINUE TO SERVICE THEIR CUSTOMERS AT THE MAIN STREET LOCATION ***

OVERVIEW

RARE EXISTING RESTAURANT OPPORTUNITY @ HILLTOP! This 3,221 SF building has been home to Demo's Barbeque & Smokehouse since construction & is located along the Highway 49 corridor known as the "Hilltop" area of Jonesboro, Arkansas. This area includes national food users such as Burger King, Dairy Queen, Arby's, Starbucks, Jersey Mike's, Wendy's, Sonic, & Subway. The building, constructed in 2013, sits on 1.01 AC with approximately 47 parking spaces & currently seats 94 occupants. The building is NOT sprinkled. Recent improvements to the building/property include a new water heater (July '24), new compressor in walk-in freezer (2022), new condenser in walk-in cooler (Sept. '23), new dining room HVAC (June '22), & the parking lot was re-sealed & striped (March '24). Don't let this rare opportunity slip through your fingers to launch your restaurant or business in a building with a proven track record. Act now to secure this coveted space at Hilltop before it's too late! *** DEMO'S BARBEQUE & SMOKEHOUSE IS NOT SHUTTING DOWN - THEY WILL CONTINUE TO SERVICE THEIR CUSTOMERS AT THE MAIN STREET LOCATION ***

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$559 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

+/- 3,221 SF Existing RESTAURANT Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C-3 LUO

APN/PARCEL ID

01-144101-10600

ASK ABOUT THIS PROPERTY

Mason CoyHaag Brown CommercialMore Info
870-336-8000

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Mason CoyHaag Brown CommercialMore Info
870-336-8000

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