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For Sale: 5,000 SF Retail/Office Building 2007 W Parker Rd 5,750 SF 100% Leased Retail Building Jonesboro, AR 72404 $1,211,385 CAD ($210.68 CAD/SF) 7% Cap Rate
Investment Highlights
- Located Next to New Walmart Supercenter and KFC/Taco Bell
- Lots of Exterior Lights
- Beautiful, Modern Architecture
- Ample Parking
- Great Interstate Presence
- New Construction
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,750 SF
Building Class
C
Year Built
2016
Price
$1,211,385 CAD
Price Per SF
$210.68 CAD
Cap Rate
7%
NOI
$84,797 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.12
Lot Size
1.06 AC
Zoning
C-2
Parking
22 Spaces
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-143264-21000 | Improvements Assessment | $230,114 CAD |
| Land Assessment | $50,906 CAD | Total Assessment | $281,019 CAD |
Property Taxes
Parcel Number
01-143264-21000
Land Assessment
$50,906 CAD
Improvements Assessment
$230,114 CAD
Total Assessment
$281,019 CAD
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For Sale: 5,000 SF Retail/Office Building | 2007 W Parker Rd
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