Downtown Office
101 S Church St Suite 207, Jonesboro, AR 72401
For Sale
Contact for pricing
Two office areas and a reception space support flexible professional configurations.
Property Size581 SF
Price / SF$1.29
Days on Market99
Property Features for 101 S Church St Suite 207
General Information
Standard status
Size
Additional Details
Floor
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Halsey Real Estate
Listed By:
Taylor Wilson, Landon Wilson
Source:
Pcsingtolittlerock
Added: Aug 6
Changed: Nov 9
Last Checked: Nov 10 at 1:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Halsey Real Estate
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Investment Insights
Based on property information with market context.
Suite 207 is a 581-square-foot office unit within a multi-tenant building completed in 1990. The interior includes two large office areas and a reception zone, creating a practical arrangement for workstations, private offices, or collaborative use. The flexible floor plan is suited to professional, administrative, and service-oriented operations.
The property is located at 101 S Church St in Downtown Jonesboro, with restaurants, shops, and other local amenities in the surrounding area. Suite 207 provides a business address in an established downtown office setting.
The property is located at 101 S Church St in Downtown Jonesboro, with restaurants, shops, and other local amenities in the surrounding area. Suite 207 provides a business address in an established downtown office setting.
Key Highlights
- 581‑square‑foot office unit in Suite 207
- Two large office areas plus a reception space
- Flexible layout for workstations, private offices, or collaboration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,430
Suggested Prices Based on Cap Rates
Cap Rate 5%
$108,600
$108.6K
Cap Rate 7%
$77,571
$77.6K
Cap Rate 9%
$60,333
$60.3K
Market Conditions
NOI Build-Up for 581 SF
Gross rent
$8.2K $14.16/SF
− Vacancy
−$987 −$1.70/SF
EGI
$7.2K $12.46/SF
− OpEx
−$1.8K −$3.12/SF
NOI
$5.4K $9.35/SF
Area
Craighead County, AR
Vacancy
12.00%
Lease Rate
$14.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$108,600
Cap Rate 7%
$77,571
Cap Rate 9%
$60,333
Alternative Uses
Best Use
Office B
$77.6K
$67.9K – $90.5K
NOI $5,430 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$101.7K
$89.0K – $118.7K
NOI $7,120 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Jonesboro, AR
Properties on Market for Office Units in Jonesboro
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two office areas and a reception space support flexible professional configurations.
Where is this office unit located?
The property is located at 101 S Church St Suite 207 Jonesboro, AR.
What are key features of this property?
This property features: 581‑square‑foot office unit in Suite 207; Two large office areas plus a reception space; Flexible layout for workstations, private offices, or collaboration
