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Prime Retail Space For Lease
For Lease
$6,250/Mo NNN

1500 S Caraway Rd Unit A, Jonesboro, AR 72401

FRONT RETAIL SPACE ROR LEASE

Space Size4,000 SF
Days on Market235

Property Features for 1500 S Caraway Rd Unit A

General Information

Standard status Active
Property type Retail properties & Spaces, Office Spaces, Medical space
Size 4,000 SF
Total Parking Spaces 22
Elevators N/A
Lease Type NNN
Lease Term 3-4 Years
Rate Type Monthly

Building Details

Year Renovated 2012
Buildings 1
Stories 1
Listed By: Greg Smith
Added: Feb 28 Changed: Apr 8
Rey
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Investment Insights

Based on property information with market context.

This 4000 square foot retail space is available for lease. It features a full build-out, including a large showroom with large windows and commercial carpet, along with five electrical outlets in the floor. The rear of the space includes a large storage/stock room with tiled flooring and a mop sink. The property includes one ADA restroom and a water fountain. The showroom has abundant windows and high visibility to over 26,000 vehicles passing daily, with easy road access and ample parking. The property is located near Burlington, McDonald's, Burger King, and Kroger. Signage space is available on the front of the building, as well as space on a lit pylon sign. The property has a modern, taller facade. A minimum lease term of three years is required.

Property Analytics

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Open Analytics

Current Use

Curvy Plus Size ... Clothing & Fashion Store

Suggested Use

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

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
$2.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,037
Businesses Nearby

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

Lease Benchmarks for Jonesboro, AR

$15.82 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
5,334 SF
Avg Space Size

This space is priced 19% above the average of $15.82 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Retail property - FRONT RETAIL SPACE ROR LEASE
Where is this retail property located?
The property is located at 1500 S Caraway Rd Unit A Jonesboro, AR.
What is the lease rate?
The lease rate is $6,250/Mo.
More about this property
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