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Walgreens 1330 S Caraway Rd 14,490 SF Retail Building Jonesboro, AR 72401 $6,976,000 CAD ($481.44 CAD/SF)



INVESTMENT HIGHLIGHTS
- Freestanding retail building with excellent visibility on South Caraway Road and East Nettleton Avenue.
- Built in 2005 with durable construction and modern design.
- Ample parking, great accessibility, high visibility, and a convenient drive-thru window.
- Situated on a corner lot at a busy, lighted intersection.
- Zoned C-3, allowing for a wide range of commercial uses.
- Valuable asset ideal for retail, medical, restaurant, or service-oriented use.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
B
Year Built
2005
Price
$6,976,000 CAD
Price Per SF
$481.44 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.46 AC
Zoning
C-3 - general commercial district
Parking
75 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Walgreens
- Retailer
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Walgreens | Retailer | 99,999 SF | - | - |
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-144212-06500 | Improvements Assessment | $456,851 CAD |
| Land Assessment | $169,561 CAD | Total Assessment | $626,413 CAD |
PROPERTY TAXES
Parcel Number
01-144212-06500
Land Assessment
$169,561 CAD
Improvements Assessment
$456,851 CAD
Total Assessment
$626,413 CAD
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Walgreens | 1330 S Caraway Rd
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