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Retail Ground Lease Site
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2230 S Caraway Rd, Jonesboro, AR 72401

Ground lease opportunity at a prime Caraway Road storefront location with strong visibility at a major intersection.

Space SizeContact for details
Lot Size1.15 Acres
Days on Market141

Property Features for 2230 S Caraway Rd

General Information

Standard status Active
Lot size 1.15 Acres
Property subtype LAND
Lease Type NNN

Site & Location

Traffic Count 44,000 vehicles/day
Highway Access Yes

Spaces For Lease

at 2230 S Caraway Rd
2230 S Caraway Rd $8,333/Mo
Type LAND
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Price: $100,000 / Year - RARE Ground Lease Opportunity with Direct Frontage to Caraway Road - Inline with National Tenants Including Ross, Play It Again Sports, & Michaels - Regional Shopping Destination that has been a Staple in Jonesboro for Decades! - Exposure to Over 44,0000 Cars Per Day w/Multiple Access Points to Caraway Rd. & E. Highland Dr. - Located at the Largest Regional Intersection in Jonesboro - Formerly Occupied by Lazzari Italian Oven
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Listing Agency: Haag Brown Commercial
Listed By: Zac Qualls · License #EB00073816
Source: Moodyscre
Added: Jun 1 Changed: Oct 10 Last Checked: Oct 19 at 9:03AM

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

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Investment Insights

Based on property information with market context.

This is a rare ground lease opportunity at the former Lazzari Italian Oven site, offered as a commercial land parcel at 2230 South Caraway Road. The property is approximately 1.15 acres and includes direct frontage along Caraway Road, supporting straightforward access for retail or QSR concepts looking for an on-site, street-facing setup.

The location sits within Highland Square at the signalized intersection of Highland Drive and Caraway Road. The property’s Caraway Road exposure is described as over 44,000 cars per day, serving a large base of local shoppers. Highland Square is positioned among major national retailers including Kroger Marketplace and Walmart Super Center, along with The Uptown redevelopment. Additional nearby retailers called out include Sam’s Club, Hobby Lobby, and Burlington Coat Factory, and Interstate 555 is less than 3/4 of a mile away.

For operators seeking a ground lease in a shopping-center environment with prominent roadway frontage, this site offers a direct retail address at one of the area’s established activity nodes. It is surrounded by other national retailers and QSRs mentioned in the materials, including Michael’s, Best Buy, Boot Bar, Freddy’s, Taco Bell, and KFC, supporting a tenant mix consistent with neighborhood and destination retail traffic patterns.

Key Highlights

  • 1.15‑acre ground lease opportunity at the former Lazzari Italian Oven location on Caraway Road
  • Direct frontage along Caraway Road at the signalized intersection of Highland Drive & Caraway Road
  • Exposure to over 44,000 cars per day at a major Jonesboro retail trade center

Property Analytics

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Suggested Use

Top Pick HVAC Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic 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

44,000 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,516
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease opportunity at a prime Caraway Road storefront location with strong visibility at a major intersection.
Where is this commercial land located?
The property is located at 2230 S Caraway Rd Jonesboro, AR.
What is the lease rate?
The lease rate is $8,333/Mo.
What are key features of this property?
This property features: 1.15‑acre ground lease opportunity at the former Lazzari Italian Oven location on Caraway Road; Direct frontage along Caraway Road at the signalized intersection of Highland Drive & Caraway Road; Exposure to over 44,000 cars per day at a major Jonesboro retail trade center
(870) 336-8000 Call to check price and availability
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