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Retail Center Development Opportunity
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104 E Johnson Ave, Jonesboro, AR 72401

Retail center development near downtown Jonesboro with high traffic exposure.

Space Size4,000 SF - 16,000 SF
Property Size25,000 SF
Lot Size0.82 Acres
Days on Market1732

Property Features for 104 E Johnson Ave

General Information

Standard status Active
Size 4,000 SF - 16,000 SF
Class A
Lot size 0.82 Acres
Property subtype Retail

Building Details

Building Size 25,000 SF
Tenancy Multiple

Spaces For Lease

at 104 E Johnson Ave Contact us

Retail Center

Size
16,000 SF
Type
Retail
Availability
Active
Contact us

Building A

Size
5,000 SF
Type
Retail
Availability
Active
Contact us

Building B

Size
4,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Haag Brown Commercial Real Estate and Development
Listed By: Joshua Brown · License #EB00063743
Source: Crexi
Added: Nov 23, 2021 Changed: Aug 8 Last Checked: Aug 8 at 4:25AM

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 Haag Brown Commercial Real Estate and Development

Investment Insights

Based on property information with market context.

Plans are underway for a 16,000 square foot retail center on the Bill's Cost Plus development at the signalized intersection of Johnson Avenue and Main Street. The new space will be located between Bill's and the Jonesboro Public School System's Pre-K North facility, facing Johnson Avenue. This development is situated just north of Jonesboro's historical downtown district, within walking distance of local restaurants, the Forum Theater, Craighead County Courthouse, and St. Bernard's Medical Center. Arkansas State University campus is also located along the same thoroughfare to the east. The area experiences a high volume of both vehicle and foot traffic, providing excellent exposure with 33,000 cars per day. A build-to-suit opportunity is available on the 0.82-acre lot at the Main Street entrance to Bill's, which can accommodate up to two 4,000-5,000 square foot buildings. With ample parking and easy access, the property is suitable for a medical user or restaurant/retailer. The lot is also available for purchase.

Key Highlights

  • High‑traffic location with 33,000 cars per day exposure.
  • Build‑to‑suit opportunity on a 0.82‑acre lot.
  • Located at a signalized intersection of Johnson Avenue and Main Street.

Property Analytics

Current Use

Open Range BBQ ... Restaurant

Suggested Use

Top Pick Dental Office Auto Parts Store Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Bakery

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

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,004
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 99% Home Improvements & Furnishings 1%
Dollar General Shops & Services
8,793 visits/mo 0.1 miles
Exxon Shops & Services
5,672 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,391 visits/mo 0.1 miles
Exxon Shops & Services
2,664 visits/mo 0.4 miles
Rent One Home Improvements & Furnishings
156 visits/mo 0.1 miles

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

Market

Lease Benchmarks for Jonesboro, AR

$12.39 /SF/Yr
Avg Asking Price
$6.85–$17.33 /SF/Yr
Price Range
9,265 SF
Avg Space Size

This space is priced 3% below the average of $12.39 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail center development near downtown Jonesboro with high traffic exposure.
Where is this retail space located?
The property is located at 104 E Johnson Ave Jonesboro, AR.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High‑traffic location with **33,000 cars per day exposure.**; Build‑to‑suit opportunity on a 0.82‑acre lot.; Located at a signalized intersection of Johnson Avenue and Main Street.
(870) 336-8000 Call to check price and availability
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