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    200 E Johnson Ave Jonesboro, AR 72401

    For Lease
    $14 SF/Yr ($4,666 /Mo)

    Retail and restaurant spaces available in a high-traffic downtown location.

    Property size:
    4,000 SF
    Lot size:
    3.32 Acres

    Property Features for 200 E Johnson Ave

    General Information

    Size
    4,000 SF
    Lot size
    3.32 Acres

    Source: Haag Brown Commercial Agent Josh Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in High-Traffic Area

    Located in downtown Jonesboro, this development offers build-to-suit retail space with high traffic exposure of 33,000 cars per day. The development is situated within walking distance of Arkansas State University and St. Bernard's Medical Center. 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. The development is positioned just north of Jonesboro's historical downtown district, near local restaurants, the Forum theater, and the Craighead County Courthouse. 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 to 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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nila Dempsey Tax Consultant Bill's Cost Plus Grocery Store Western Union Money Transfer Service LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.706751
    Latitude
    35.845323

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    FAQs

    What type of property is this?
    Retail space - Retail and restaurant spaces available in a high-traffic downtown location.
    Where is this retail space located?
    The property is located at 200 E Johnson Ave Jonesboro, AR.
    What is the lease rate?
    The lease rate is $14 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** with flexible space options (up to 16,000 SF in-line or two freestanding buildings).; - Prime location near Arkansas State University and St. Bernard's Medical Center.
    (870) 336-8000
    Request Owner's contact information
    200 E Johnson Ave Jonesboro, AR 72401
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    200 E Johnson Ave
    Jonesboro, AR 72401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 E Johnson Ave Jonesboro, AR 72401
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