New Flex Space with Overhead
For Sale
Contact for pricing
3301 Malibu Dr, Jonesboro, AR 72404
Heated and cooled space includes a private office, restrooms, and customer parking.
Property Size3,750 SF
Price / SF$0.76
Days on Market60
Property Features for 3301 Malibu Dr
General Information
Standard status
Active
Size
3,750 SF
Amenities
private office
restrooms
overhead doors
Building Details
Year Built
2023
Buildings
1
Listing Agency:
Halsey Real Estate
Listed By:
Martin Young · License #00071488
(870) 930-9017
Source:
Pcsingtolittlerock
Added: Aug 21
Changed: Oct 9
Last Checked: Oct 7 at 5:25PM
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
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Investment Insights
Based on property information with market context.
This new flex building combines 3,750 square feet of heated and cooled retail space with areas suited to wholesale and storage operations. The layout includes a private office, restrooms, overhead doors, and parking directly in front of the building.
Located at 3301 Malibu Drive in Jonesboro, Arkansas, the property supports a range of commercial functions under one roof, including counter sales, product distribution, parts storage, and customer-facing retail. The combination of dedicated office and restroom areas with overhead-door access provides a practical setup for businesses that need both sales space and storage or handling capacity.
Located at 3301 Malibu Drive in Jonesboro, Arkansas, the property supports a range of commercial functions under one roof, including counter sales, product distribution, parts storage, and customer-facing retail. The combination of dedicated office and restroom areas with overhead-door access provides a practical setup for businesses that need both sales space and storage or handling capacity.
Key Highlights
- 3,750 sq ft of heated and cooled retail space
- New building with retail, wholesale, and storage areas under one roof
- Overhead doors provide direct access for loading and handling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,986
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,720
$299.7K
Cap Rate 7%
$214,086
$214.1K
Cap Rate 9%
$166,511
$166.5K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$22.5K $6.00/SF
− Vacancy
−$1.1K −$0.29/SF
EGI
$21.4K $5.71/SF
− OpEx
−$6.4K −$1.71/SF
NOI
$15.0K $4.00/SF
Area
Craighead County, AR
Vacancy
4.85%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,720
Cap Rate 7%
$214,086
Cap Rate 9%
$166,511
Alternative Uses
Best Use
Retail
$456.4K
$399.3K – $532.4K
NOI $31,945 @ 7.0% cap · market cap 1,120.88%
Second Best
Flex RnD
$325.3K
$284.7K – $379.5K
NOI $22,772 @ 7.0% cap · market cap 799.02%
Theoretical Best
Office A
$656.5K
$574.5K – $766.0K
NOI $45,957 @ 7.0% cap · market cap 1,612.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72404, AR
29,344
Population
12,518
Households
2.3
Avg Household Size
35
Median Age
34%
College-Educated
93%
High-School Grad
128.0 sq mi
ZIP Area
229
Density / Sq Mi
$67,000
Median Household Income
$40,373
Median Earnings
$938
Median Rent
$236,300
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Yessuh BBQ & More Catering, LLC. — 2401 E Parker Rd, Jonesboro, AR 72404
- Big Easy Catering L.L.C — Food Truck B, 2925 S Caraway Rd, Jonesboro, AR 72401
- Biscuits & Grace — 2704 Phillips Dr Suite F, Jonesboro, AR 72401
Frequently Asked Questions
What type of property is this?
Flex space - Heated and cooled space includes a private office, restrooms, and customer parking.
Where is this flex space located?
The property is located at 3301 Malibu Dr Jonesboro, AR.
What are key features of this property?
This property features: 3,750 sq ft of heated and cooled retail space; New building with retail, wholesale, and storage areas under one roof; Overhead doors provide direct access for loading and handling
