Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3101 E Highland Dr Jonesboro, AR 72401

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,391,600

    Single-tenant retail property with corporate guarantee and extended lease.

    Property size:
    9,030 SF
    Lot size:
    0.98 Acres

    Property Features for 3101 E Highland Dr

    General Information

    Size
    9,030 SF
    Lot size
    0.98 Acres

    Source: Colliers Agent Jereme Snyder

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

    Overview

    Kirkland's Retail Property For Sale

    This single-tenant retail property is leased to Kirkland's Home, a company operating over 340 locations across 35 states with over 4,000 employees and $560 million in sales in 2021. The tenant has recently extended the lease for an additional 10 years, featuring 2% annual rental increases and two 5-year option periods. Landlord responsibilities are limited to structure only. The lease is corporate-guaranteed. The property is located in Jonesboro, AR and has a size of 9,030 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kirkland's Home Furniture Store

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Gym & Fitness Auto Repair Shop

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

    Similar Places Nearby

    Kroger Floral, Barb's Flowers & Creations, Tenna's Floral Creations and Gifts, Sam's Club Floral, Gracie's Garden Flowers, Plants, & Gifts

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.666977
    Latitude
    35.820662

    Nearby Similar for Sale

    • $2,250,000
      20,000 SF

      Versatile Mixed-Use Building in Jonesboro

      Multi-level commercial building with income potential in historic downtown.
      311 S Main St, Jonesboro, AR 72401
      View Details
    • $2,500,000
      12,000 SF

      Jonesboro Mixed-Use Retail Opportunity

      High-traffic retail space in active Jonesboro trade area.
      1421 S Caraway Rd, Jonesboro, AR 72401
      View Details
    • $249,900
      3,358 SF

      Jonesboro Fourplex Near University

      Four-unit multifamily property near Arkansas State University, Jonesboro.
      1900 Cedar Heights Dr, Jonesboro, AR 72401
      View Details
    • $1,695,000
      10,200 SF

      High-Traffic Corner Commercial Opportunity

      4.12 acres with four buildings, ideal for redevelopment.
      5312 Stadium Blvd, Jonesboro, AR 72404
      View Details
    • $460,000
      10,800 SF

      Self-Storage Investment Near University

      Self-storage property with 75 units near Arkansas State University.
      403 Jonathan Dr, Jonesboro, AR 72405
      View Details
    • $3,439,800
      31,383 SF

      High-Performing Investment Portfolio Opportunity

      34-door investment portfolio in Jonesboro and West Memphis, Arkansas.
      23 Property Portfolio Jbr & Wm, Jonesboro, AR 72401
      View Details

    FAQs

    What type of property is this?
    Storefront property - Single-tenant retail property with corporate guarantee and extended lease.
    Where is this storefront property located?
    The property is located at 3101 E Highland Dr Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $2,391,600.
    What are key features of this property?
    This property features: - Corporate-guaranteed lease from Kirkland's Home, a national retailer.; - Recently extended lease for an additional 10 years, providing long-term stability.; - 2% annual rental increases, offering inflation-resistant cash flows.
    (949) 724-5552
    Request Owner's contact information
    3101 E Highland Dr Jonesboro, AR 72401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3101 E Highland Dr
    Jonesboro, AR 72401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3101 E Highland Dr Jonesboro, AR 72401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.