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Office Unit with Private Offices
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101 S Church St Suite 208, Jonesboro, AR 72401

Reception, conference, break-room, and private bathroom areas support daily professional operations.

Property Size2,377 SF
Price / SF$1.01
Days on Market78

Property Features for 101 S Church St Suite 208

General Information

Standard status Active
Size 2,377 SF

Amenities

reception area
conference room
private offices
break room
private bathrooms

Building Details

Year Built 1990
Listing Agency: Halsey Real Estate
Listed By: Taylor Wilson, Landon Wilson
Source: Pcsingtolittlerock
Added: Aug 3 Changed: Oct 14 Last Checked: Oct 19 at 7:38AM

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 208 at 101 S Church Street provides 2,377 square feet of office space in a downtown setting. The interior includes a reception area, conference room, three private offices, break room, and private bathrooms, creating a practical arrangement for professional operations, meetings, and administrative functions.

The property was built in 1990 and is offered under a gross lease structure. Utilities are included, with Wi-Fi excluded, providing a straightforward occupancy arrangement for users seeking dedicated office space.

Key Highlights

  • 2,377 SF office suite at 101 S Church Street, Suite 208
  • Three private offices plus a dedicated conference room
  • Reception area, break room, and private bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,214
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,280 $444.3K
Cap Rate 7%
$317,343 $317.3K
Cap Rate 9%
$246,822 $246.8K
Market Conditions
NOI Build-Up for 2,377 SF
Gross rent
$33.7K $14.16/SF
− Vacancy
−$4.0K −$1.70/SF
EGI
$29.6K $12.46/SF
− OpEx
−$7.4K −$3.12/SF
NOI
$22.2K $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%
$444,280
Cap Rate 7%
$317,343
Cap Rate 9%
$246,822

Alternative Uses

Best Use
Office B
$317.3K
$277.7K – $370.2K (±1% cap)
NOI $22,214 @ 7.0% cap · market cap 925.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$416.2K
$364.1K – $485.5K (±1% cap)
NOI $29,131 @ 7.0% cap · market cap 1,213.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Something Art Gallery Art Gallery BNSF Railway Freight Service Wage William M Architect Bryce's Bail Bonding, ... Law Firm CASA Social Service Agency

Suggested Use

Top Pick Auto Parts Store Electrical Service Storage Facility Dental Office (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,002
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Reception, conference, break-room, and private bathroom areas support daily professional operations.
Where is this office unit located?
The property is located at 101 S Church St Suite 208 Jonesboro, AR.
What are key features of this property?
This property features: 2,377 SF office suite at 101 S Church Street, Suite 208; Three private offices plus a dedicated conference room; Reception area, break room, and private bathrooms
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