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Brand New Freestanding Restaurant
For Sale
Contact for pricing
Pending

1498 Red Wolf Blvd, Jonesboro, AR 72401

New Checkers freestanding restaurant with direct boulevard visibility and multiple access points, offered via sale-leaseback.

Property SizeContact for details
Days on Market131

Property Features for 1498 Red Wolf Blvd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Haag Brown Commercial Real Estate and Development
Listed By: Nathan Eller · License #EB 00077644
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 20 at 2:04PM

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.

A brand new freestanding Checkers restaurant is offered for sale as a sale-leaseback. The lease structure includes an initial 15-year term with three, 5-year options, with a 5% rent increase every five years during the initial term and at each option. The offering is presented with an NOI of $101,250 per year and a stated cap rate of 6.75%.

The property is located directly on Red Wolf Blvd in Jonesboro, AR, providing exposure to more than 41,000 cars per day. Access is provided from both Red Wolf Blvd and Nettleton. The surrounding retail and restaurant mix includes Target, Chili’s, Slim Chickens, Olive Garden, Buffalo Wild Wings, Popeyes, and Jimmy John’s, among others along the main corridor.

This freestanding format supports an operating restaurant footprint on a primary traffic artery with direct drive access from two locations.

Key Highlights

  • New freestanding Checkers on Red Wolf Blvd in Jonesboro, AR with exposure to 41,000+ cars per day
  • Direct access from Red Wolf Blvd and Nettleton for convenient ingress/egress
  • Offered as a sale‑leaseback with an initial 15‑year term plus three 5‑year options

Property Analytics

Current Use

Checkers Restaurant

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store HVAC Service Travel Agency Restaurant Garden Center

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

1,492
Businesses Nearby
524k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Apparel 20% Shops & Services 15% Groceries 8%
Chick-fil-A Dining
65,038 visits/mo 0.3 miles
Dillard's Apparel
46,733 visits/mo 0.5 miles
Walmart Neighborhood Market Groceries
43,076 visits/mo 0.2 miles
JCPenney Apparel
41,072 visits/mo 0.4 miles
Chili's Grill & Bar Dining
30,175 visits/mo 0.3 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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Hibachi Grill Supreme Buffet 1699 Red Wolf Blvd A, Jonesboro, AR 72401
  • Curry Leaf Indian Cuisine 2110 Fair Park Blvd., Jonesboro, AR 72401
  • Barnhill's Buffet Caraway Plaza Shopping Center, 1111 S Caraway Rd, Jonesboro, AR 72401

Frequently Asked Questions

What type of property is this?
Conventional restaurant - New Checkers freestanding restaurant with direct boulevard visibility and multiple access points, offered via sale-leaseback.
Where is this conventional restaurant located?
The property is located at 1498 Red Wolf Blvd Jonesboro, AR.
What are key features of this property?
This property features: New freestanding Checkers on Red Wolf Blvd in Jonesboro, AR with exposure to 41,000+ cars per day; Direct access from Red Wolf Blvd and Nettleton for convenient ingress/egress; Offered as a sale‑leaseback with an initial 15‑year term plus three 5‑year options
(870) 336-8000 Call to check price and availability
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