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Parker Rd
Jonesboro, AR 72404
Malco Out-Lot Along 1-555 · Land For Sale · 0.45 AC

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INVESTMENT HIGHLIGHTS

  • Malco Hollywood Theater's Only Remaining Out-Lot.
  • Located in the Middle of Jonesboro's Entertainment District.
  • Facing I-555 with an exposure to 41,500 CPD.
  • Surrounded by top producing restaurants.

PROPERTY FACTS

Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.45 AC
Cross Streets Paula Dr
Zoning Commercial

1 LOT AVAILABLE

Lot

Price $440,896 CAD
Price Per AC $979,768.88 CAD
Lot Size 0.45 AC

DESCRIPTION

Haag Brown Development is excited to present this commercial lot for sale just off of Interstate 555. This is one of the last available properties in a huge pocket of restaurant commerce which includes O' Charley's, Colton's, Kandela, Wendy's and the newly opened Steak n' Shake. We estimate these 5 national restaurants combine to do over $10MM in annual sales. Within the last 18 months, this area along I-555 has become recognized as Jonesboro's top entertainment district. This 0.45 acre property is the only remaining out-lot to the longstanding Malco Hollywood Theater which continues to be a major draw for customers across Northeast Arkansas. Hijinx Family Entertainment Center just completed the expansion of their facility which includes the addition of a foam factory, lasertron arena, rope obstacle course, 4 story contained play area, and updated arcade. Ultimate Air, a 10,000+ square foot indoor trampoline park, and Lockdown, The Escape Room opened in the market within the last few years. This site would be ideal for a small restaurant or retailer needing visibility and easy access. Due to the sites' close proximity to the Interstate, it qualifies for a highway sign up to 100 feet which will have exposure to 41,500 cars per day.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144332-05900
Land Assessment
$27,517 CAD
Improvements Assessment
$0 CAD
Total Assessment
$27,517 CAD
  • Listing ID: 15044868

  • Date on Market: 2019-02-01

  • Last Updated:

  • Address: Parker Rd, Jonesboro, AR 72404

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