Retail Space Near Major
For Sale
Contact for pricing
1421 S Caraway Suite A Road, Jonesboro, AR 72401
Commercial / Industrial, Jonesboro, AR
Property Size6,057 SF
Lot Size0.93 Acres
Price / SF$0.00
Days on Market271
Property Features for 1421 S Caraway Suite A Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
21
Directions
South Caraway on Left before McDonald's.
Subdivision
Jonesboro J
Standard status
Active
APN
01-144204-00420
Size
6,057 SF
Lot size
0.93 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
Berkeley's Minor Plat
Tax Annual Amount
4271
Legal Description
Berkeley's Minor Plat
Building Details
Floors in Building
1
Listing Agency:
Coldwell Banker Village Communities
(870) 935-7800
Listed By:
Chase Copeland · License #AB00095147
(870) 819-6395
Added: Feb 5
Changed: Oct 8
Last Checked: Nov 2 at 3:06AM
MLS# 26004846
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,057-square-foot retail suite is positioned within a commercial trade area in Jonesboro, Arkansas. The property occupies 0.93 acres and offers a substantial storefront footprint for a retail-oriented operation.
Approximately 25,000 vehicles pass the area each day. McDonald’s directly adjoins the property, while nearby businesses include Burger King, Old Navy, HomeGoods, TJ Maxx, Natural Grocers, Kroger, Sherwin-Williams, Plaza Tire, Texas Roadhouse, Walmart, and Sam’s Club. The surrounding tenant mix combines national retailers, quick-service restaurants, and full-service dining venues.
Approximately 25,000 vehicles pass the area each day. McDonald’s directly adjoins the property, while nearby businesses include Burger King, Old Navy, HomeGoods, TJ Maxx, Natural Grocers, Kroger, Sherwin-Williams, Plaza Tire, Texas Roadhouse, Walmart, and Sam’s Club. The surrounding tenant mix combines national retailers, quick-service restaurants, and full-service dining venues.
Key Highlights
- 6,057‑square‑foot retail suite
- 0.93‑acre property
- Approximately 25,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,597
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,940
$1.0M
Cap Rate 7%
$737,100
$737.1K
Cap Rate 9%
$573,300
$573.3K
Market Conditions
NOI Build-Up for 6,057 SF
Gross rent
$78.5K $12.96/SF
− Vacancy
−$4.8K −$0.79/SF
EGI
$73.7K $12.17/SF
− OpEx
−$22.1K −$3.65/SF
NOI
$51.6K $8.52/SF
Area
Craighead County, AR
Vacancy
6.10%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,940
Cap Rate 7%
$737,100
Cap Rate 9%
$573,300
Alternative Uses
Best Use
Retail
$737.1K
$645.0K – $860.0K
NOI $51,597 @ 7.0% cap · market cap 429,975.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$927.9K – $1.24M
NOI $74,230 @ 7.0% cap · market cap 618,583.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,490
Businesses Nearby
579k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Shops & Services 26%
Groceries 20%
Dining 17%
T.J. Maxx
Apparel
70,933 visits/mo
0.2 miles
Kroger
Groceries
64,256 visits/mo
0.3 miles
Walmart Neighborhood Market
Groceries
43,076 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
30,968 visits/mo
0.4 miles
McDonald's
Dining
30,590 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The suite sits beside McDonald’s within a dense restaurant and retail corridor.
Where is this retail space located?
The property is located at 1421 S Caraway Suite A Road Jonesboro, AR.
What are key features of this property?
This property features: 6,057‑square‑foot retail suite; 0.93‑acre property; Approximately 25,000 vehicles per day
