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Strip Center Retail Space
New
For Lease
$15 SF/Yr

2320 E Matthews Avenue, Jonesboro, AR 72401

Lease opportunity in an established center near the Matthews Medical Mile and Arkansas State University.

Space Size1,560 SF
Days on Market7

Property Features for 2320 E Matthews Avenue

General Information

Standard status Active
Size 1,560 SF
Net Rentable 1,560 SF

Space & Availability

Available Space 1,560 SF
Contiguous Space 1,560 SF

Taxes and HOA fees

Annual Taxes $2,134

Building Details

Tenancy Multi
Listing Agency: Halsey Real Estate
Listed By: Taylor Wilson · License #00086756
Source: Exprealty
Added: Sep 18 Changed: Sep 23 Last Checked: Sep 24 at 11:49AM

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 Halsey Real Estate

Investment Insights

Based on property information with market context.

Approximately 1,560 square feet is available for lease within a strip center at 2320 E. Matthews Avenue in Jonesboro. The property is part of a commercial center with an established tenant mix and ample parking, providing a practical setting for retail occupancy.

The center sits between Caraway Road and Red Wolf Boulevard along a well-traveled corridor near the Matthews Medical Mile and Arkansas State University. Major renovations are planned for 2027, including updated storefronts, adding a scheduled improvement component to the property’s existing retail setting.

Key Highlights

  • Approximately 1,560 square feet available for lease
  • Strip center positioned between Caraway Road and Red Wolf Boulevard
  • Near the Matthews Medical Mile and Arkansas State University

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant Home Appliance 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby
347k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Apparel 31% Shops & Services 22% Home Improvements & Furnishings 5%
T.J. Maxx Apparel
70,933 visits/mo 0.4 miles
McDonald's Dining
30,590 visits/mo 0.5 miles
Five Below Shops & Services
28,851 visits/mo 0.3 miles
Petco Shops & Services
21,401 visits/mo 0.3 miles
7 Brew Coffee Dining
21,197 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
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?
Strip mall - Lease opportunity in an established center near the Matthews Medical Mile and Arkansas State University.
Where is this strip mall located?
The property is located at 2320 E Matthews Avenue Jonesboro, AR.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 1,560 square feet available for lease; Strip center positioned between Caraway Road and Red Wolf Boulevard; Near the Matthews Medical Mile and Arkansas State University
More about this property
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