Retail Condominium with NNN
New
For Sale
Contact for pricing
2206 East Highland Drive, Jonesboro, AR 72401
The offering includes five occupied retail spaces, with four leases structured as NNN.
Property SizeContact for details
Days on Market4
Property Features for 2206 East Highland Drive
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
6%
Traffic Count
44,000 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
Haag Brown Commercial Real Estate and Development
Listed By:
Zac Qualls · License #EB00073816
(870) 284-4448
Source:
Crexi
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 24 at 2:42PM
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.
This retail condominium offering at The Uptown comprises space leased to Hollywood Feed, The Refinery, 1812 Pizza Co., Luxe Dry House, and Glo Tanning. Four of the five leases use an NNN structure. The listing reports a 6.00% cap rate. The broader property is a redeveloped power center, originally the former Sears location at Indian Mall; its approximately 115,150 square feet and 8.94 acres describe the center, not the offered condominium interest.
The property fronts East Highland Drive, a corridor reported to carry approximately 44,000 cars per day. Nearby retail and dining destinations include Kroger Marketplace, Texas Roadhouse, Chipotle, and Tommy’s Express Car Wash. Other retailers at The Uptown, outside this offering, include Buckle, Maurices, Gearhead Outfitters, Delta Darlings, and Steamroller Blues.
The property fronts East Highland Drive, a corridor reported to carry approximately 44,000 cars per day. Nearby retail and dining destinations include Kroger Marketplace, Texas Roadhouse, Chipotle, and Tommy’s Express Car Wash. Other retailers at The Uptown, outside this offering, include Buckle, Maurices, Gearhead Outfitters, Delta Darlings, and Steamroller Blues.
Key Highlights
- Five named tenants: Hollywood Feed, The Refinery, 1812 Pizza Co., Luxe Dry House, and Glo Tanning
- Four of the five tenant leases are NNN
- Reported 6.00% cap rate
Property Analytics
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Current Use
Lease Details
44,000 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,461
Businesses Nearby
837k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Shops & Services 21%
Dining 16%
Apparel 14%
Walmart
Superstores
131,832 visits/mo
0.5 miles
Sam's Club
Superstores
116,835 visits/mo
0.5 miles
Kroger
Groceries
64,256 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
63,556 visits/mo
0.4 miles
Kohl's
Apparel
45,696 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - The offering includes five occupied retail spaces, with four leases structured as NNN.
Where is this shopping center located?
The property is located at 2206 East Highland Drive Jonesboro, AR.
What is the asking price?
The asking price for this property is $7,503,110.
What are key features of this property?
This property features: Five named tenants: Hollywood Feed, The Refinery, 1812 Pizza Co., Luxe Dry House, and Glo Tanning; Four of the five tenant leases are NNN; Reported 6.00% cap rate
