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Corner Retail Center
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2929 S Caraway Suite 5, Jonesboro, AR 72401

COMMERCIAL - Jonesboro, AR

Property Size1,275 SF
Price / SF$0.01
Days on Market471

Property Features for 2929 S Caraway Suite 5

General Information

Property type Commercial Sale
Property subtype Other
Parking 50
Subdivision Metes & Bounds
Lot features Level
Directions Travel S on Caraway from Race St turn R on Brown's Lane Access
Standard status Active
Size 1,275 SF

Taxes and HOA fees

Tax Description 29-14-04
Legal Description 29-14-04

Building Details

Floors in Building 2
Listing Agency: Coldwell Banker Village Communities
Listed By: Chase Copeland · License #AB00095147
Added: May 13, 2025 Changed: Aug 4 Last Checked: Aug 26 at 8:06AM
MLS# 25018742

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.

This well-positioned retail center is located at the corner of S. Caraway Road and a Browns Lane access road. The property is anchored by the CROP medical cannabis dispensary and is designed to support a mix of tenant uses, including medical, office, and retail.

Visibility and access are key features, with exposure from I-555 and convenient entry from the Caraway area. Public remarks also reference traffic counts of 36,000 CPD along I-555 and 24,000 CPD on Caraway.

Units are available starting at 1,275 square feet, and ownership is open to custom build-outs to accommodate tenant needs, subject to negotiated terms.

Key Highlights

  • Center sits at the corner of S. Caraway Road and a Browns Lane access road.
  • High visibility from I‑555, with traffic counts of 36,000 CPD on I‑555 and 24,000 CPD on Caraway.
  • Anchored by a CROP medical cannabis dispensary.

Property Analytics

Current Use

Millenium MRI Medical Clinic Arkansas Weight Loss ... Weight Loss Service McKee Amy K ... Alternative Medicine Practice Jonesboro Pharmacy Solutions Pharmacy Sugar Magnolia Compassionate ... Medical Clinic

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Storage Facility Barber Shop Pet 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

36,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,142
Businesses Nearby
480k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 31% Superstores 24% Shops & Services 20% Apparel 12%
Sam's Club Superstores
116,835 visits/mo 0.4 miles
Kohl's Apparel
45,696 visits/mo 0.5 miles
Cracker Barrel Old Country Store Dining
32,501 visits/mo 0.3 miles
Sam's Club Gas Station Shops & Services
31,057 visits/mo 0.3 miles
Kum & Go Shops & Services
27,576 visits/mo 0.5 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Cannabis property - Corner shopping center with medical cannabis dispensary anchor and retail/office suites starting at 1,275 SF.
Where is this cannabis property located?
The property is located at 2929 S Caraway Suite 5 Jonesboro, AR.
What are key features of this property?
This property features: Center sits at the corner of S. Caraway Road and a Browns Lane access road.; High visibility from I‑555, with traffic counts of 36,000 CPD on I‑555 and 24,000 CPD on Caraway.; Anchored by a CROP medical cannabis dispensary.
More about this property
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