Four-Unit Strip Center
4504 E Nettleton Avenue Jonesboro, AR 72401
4504 E Nettleton Avenue, Jonesboro, AR, 72401
$399,000
For Sale
$399,000
COMMERCIAL - Jonesboro, AR
Property Size3,200 SF
Lot Size0.31 Acres
Price / SF$124.69
Days on Market16
Property Features for 4504 E Nettleton Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Description
- DUNCANS SUB BLK 13 THORN ADD L
Building Details
- Year built
- 1990
- Floors in Building
- 1
Listing agency
Dustin White Realty
(870) 594-4367
Listed by
Dustin White · License #PB00080059
(870) 219-2858
Added: Jul 6 Checked: Jul 21 at 9:06AM
MLS# 26027187
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit strip center offers multiple commercial spaces within a manageable footprint, built in 1990. The property is listed as approximately 0.31 acres and totals about 3,200 square feet, with convenient parking designed to support tenant and customer access. Buyer due diligence is required to verify square footage, zoning, lease status, and permitted uses, as well as any income and expense details reflected in public records.
The center is positioned along East Nettleton Avenue in Jonesboro, AR, an arterial connection that provides practical access to surrounding neighborhoods, schools, commercial areas, and major routes. The property’s street presence supports day-to-day visibility for retail, office, salon, service, and professional users.
From a tenant-fit standpoint, the mix of potential uses aligns with a variety of small business and office needs, including retail storefront operations, professional services, and personal care or service concepts. For an owner-operator, the four-unit structure can allow for a hands-on approach to leasing or occupancy planning, subject to confirmation of existing leases and permitted uses during underwriting.
The center is positioned along East Nettleton Avenue in Jonesboro, AR, an arterial connection that provides practical access to surrounding neighborhoods, schools, commercial areas, and major routes. The property’s street presence supports day-to-day visibility for retail, office, salon, service, and professional users.
From a tenant-fit standpoint, the mix of potential uses aligns with a variety of small business and office needs, including retail storefront operations, professional services, and personal care or service concepts. For an owner-operator, the four-unit structure can allow for a hands-on approach to leasing or occupancy planning, subject to confirmation of existing leases and permitted uses during underwriting.
Key Highlights
- 4‑unit strip center built in 1990
- Commercial property located along East Nettleton Avenue in Jonesboro
- Approx. 0.31‑acre lot per public records
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.5k | $12.96 |
| − Vacancy | −$2.5k | −$0.79 |
| EGI | $38.9k | $12.17 |
| − OpEx | −$11.7k | −$3.65 |
| NOI | $27.3k | $8.52 |
3,200 SF · lease $12.96/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$389.4K
$340.8K – $454.3K
NOI $27,260 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.2K
$490.2K – $653.6K
NOI $39,217 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Studio 32 Dance ...
Training Center
Estética Zenteno
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Four-unit retail strip center along E Nettleton Avenue with convenient parking and flexible space uses for owner-users or investors.
Where is this strip mall located?
The property is located at 4504 E Nettleton Avenue Jonesboro, AR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4‑unit strip center built in 1990; Commercial property located along East Nettleton Avenue in Jonesboro; Approx. 0.31‑acre lot per public records
