Updated Restaurant With Performance
For Sale
$1,750,000
313 W Huntington Avenue, Jonesboro, AR 72401
Includes a full commercial kitchen, bar, dining areas, and conveying furnishings and equipment.
Property Size6,012 SF
Price / SF$291.08
Days on Market290
Property Features for 313 W Huntington Avenue
General Information
Standard status
Active
Size
6,012 SF
Total Parking Spaces
100
Property subtype
Commercial
Additional Details
Furnished
Yes
Equipment Included
Yes
Building Details
Building Size
6,012 SF
Year Built
2017
Stories
2
Listing Agency:
Century 21 Portfolio
(870) 930-4308
Listed By:
Angela Staton · License #00083044
(870) 930-4308
Source:
Jcthornton
Added: Nov 14, 2025
Changed: Aug 29
Last Checked: Aug 30 at 5:47PM
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 Century 21 Portfolio
Investment Insights
Based on property information with market context.
This 6,012-square-foot restaurant property at 313 W Huntington Avenue combines dining, beverage service, and live-event functionality. The interior has been updated with new furnishings, existing equipment, modern lighting, sound systems, and high-end décor. A full commercial kitchen supports food service, while the expansive bar and multiple dining areas provide distinct operating zones.
A dedicated stage and performance area add flexibility for live music, comedy, DJs, and private events. The property is positioned in Jonesboro and is configured as a restaurant, bar, and entertainment venue with the principal furnishings and equipment included in the sale.
A dedicated stage and performance area add flexibility for live music, comedy, DJs, and private events. The property is positioned in Jonesboro and is configured as a restaurant, bar, and entertainment venue with the principal furnishings and equipment included in the sale.
Key Highlights
- 6,012‑square‑foot restaurant, bar, and live‑music venue
- 313 W Huntington Avenue, Jonesboro, AR 72401
- Full commercial kitchen with expansive bar
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,509
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,270,180
$1.3M
Cap Rate 7%
$907,271
$907.3K
Cap Rate 9%
$705,656
$705.7K
Market Conditions
NOI Build-Up for 6,012 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$90.2K $15.00/SF
− Vacancy
−$5.5K −$0.92/SF
EGI
$84.7K $14.09/SF
− OpEx
−$21.2K −$3.52/SF
NOI
$63.5K $10.56/SF
Area
Craighead County, AR
Vacancy
6.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,270,180
Cap Rate 7%
$907,271
Cap Rate 9%
$705,656
Alternative Uses
Best Use
Specialty Retail
$907.3K
$793.9K – $1.06M
NOI $63,509 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$343.2K
$300.3K – $400.4K
NOI $24,026 @ 7.0% cap · market cap 1.37%
Theoretical Best
Office A
$1.05M
$921.0K – $1.23M
NOI $73,678 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,929
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 99%
Home Improvements & Furnishings 1%
Dollar General
Shops & Services
8,793 visits/mo
0.4 miles
Exxon
Shops & Services
5,672 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,391 visits/mo
0.5 miles
Exxon
Shops & Services
2,664 visits/mo
0.1 miles
Cadence Bank
Shops & Services
1,594 visits/mo
0.2 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a full commercial kitchen, bar, dining areas, and conveying furnishings and equipment.
Where is this conventional restaurant located?
The property is located at 313 W Huntington Avenue Jonesboro, AR.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,012‑square‑foot restaurant, bar, and live‑music venue; 313 W Huntington Avenue, Jonesboro, AR 72401; Full commercial kitchen with expansive bar
