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Open-Concept Retail Space
For Lease
$7,000/Mo NNN

1723 W KINGSHIGHWAY STE 5, Paragould, AR 72450

Commercial / Industrial, Paragould, AR

Space SizeContact for details
Property Size8,400 SF
Lot Size12.00 Acres
Days on Market1359

Property Features for 1723 W KINGSHIGHWAY STE 5

General Information

Property type Commercial Sale
Property subtype Other
Parking 100
Subdivision Metes & Bounds
Lot features Level
Directions Take hwy 49 n to 412 w to Paragould plaza
Standard status Active
Size 8,400 SF
Lot size 12.00 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description PARAGOULD PLAZA
Tax Annual Amount 2
Legal Description PARAGOULD PLAZA

Building Details

Year built 1960
Floors in Building 1
Flooring type Vinyl, Carpet - Partial
Roof type Metal
Listing Agency: IMAGE Realty
Listed By: Brooksie Felty-Hartness
Added: Jan 15, 2023 Changed: Oct 5 Last Checked: Oct 5 at 1:06PM
MLS# 23001556

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.

Investment Insights

Based on property information with market context.

An approximately 8,400-square-foot retail suite in Paragould Plaza features an open-concept plan, bathrooms, and storage. Flooring includes vinyl with partial carpet, and the building has a metal roof. The property was built in 1960.

Paragould Plaza is home to long-standing tenants including Hays Grocery, Marco’s Pizza, Taco Rio, Postnet, Southern Bank, Battens Donuts, Dollar General, Shoe Sensation, and GameXchg. The center is located at 1723 W King’s Highway in Paragould, Arkansas.

The suite is offered on an NNN lease, and the landlord will consider tenant improvements in connection with lease terms.

Key Highlights

  • Approximately 8,400 square feet of open‑concept retail space
  • Restrooms and storage area
  • Vinyl flooring with partial carpet

Property Analytics

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Current Use

Factory Connection Clothing Store Shoe Sensation Clothing & Fashion Store Paragould ATA Martial ... Training Center

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store Plumbing Service Gym & Fitness Center Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby
131k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 29% Home Improvements & Furnishings 6% Apparel 4%
McDonald's Dining
33,057 visits/mo 0.2 miles
Paragould Shops & Services
15,042 visits/mo 0.3 miles
Hardee's Dining
13,319 visits/mo 0.2 miles
Buchheit Home Improvements & Furnishings
8,476 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
8,011 visits/mo 0.3 miles

Demographics for 72450, AR

39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - A flexible interior layout includes restroom facilities and a dedicated storage area.
Where is this retail space located?
The property is located at 1723 W KINGSHIGHWAY STE 5 Paragould, AR.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Approximately 8,400 square feet of open‑concept retail space; Restrooms and storage area; Vinyl flooring with partial carpet
More about this property
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