Fully Sprinkled Industrial
3506 Airport Road Jonesboro, AR 72401
3506 Airport Road, Jonesboro, AR, 72401
Contact for pricing
For Sale
Contact for pricing
Industrial facility with 14,400 SF office and flexible production, storage, and distribution space on a 10-acre site.
Property Size84,614 SF
Lot Size10.00 Acres
Price / SF$54.96
Days on Market52
Property Features for 3506 Airport Road
General Information
- Standard status
- Active
- Size
- 84,614 SF
- Lot size
- 10.00 Acres
- Property subtype
- Office, Industrial, Mixed Use
Building Details
- Year Built
- 1994
Listing agency
Haag Brown Commercial Real Estate and Development
(870) 284-4448
Listed by
Jeff Armstrong · License #AR SA00091379
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 3:59PM Checked: Jul 19 at 5:12AM
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 Real Estate and Development
Investment Insights
Based on property information with market context.
This ±84,600 SF industrial facility includes approximately 14,400 SF of office space and a large industrial area suited to manufacturing, assembly, distribution, warehouse, and storage operations. The property is equipped with 3-phase power and is fully sprinkled, supporting a broad range of industrial users. The existing layout and infrastructure allow for a combination of day-to-day office functions with production, storage, or shipping activities under one roof.
The facility is located at 3506 Airport Road in Jonesboro’s main industrial area. The site supports truck circulation and employee parking and is positioned for convenient access to the Jonesboro Municipal Airport, Highway 49, and Interstate 555. Additional connectivity is provided by the nearby Southwest Drive bypass connection, helping streamline movement within the industrial corridor.
With office space integrated into the facility and a substantial operations area designed for warehouse and industrial use, the property fits companies seeking to expand operations or establish a regional presence in Northeast Arkansas. Buyers and tenants can evaluate the onsite configuration for workflow that requires both administrative space and industrial throughput, supported by the building’s sprinklered design and 3-phase electrical service.
The facility is located at 3506 Airport Road in Jonesboro’s main industrial area. The site supports truck circulation and employee parking and is positioned for convenient access to the Jonesboro Municipal Airport, Highway 49, and Interstate 555. Additional connectivity is provided by the nearby Southwest Drive bypass connection, helping streamline movement within the industrial corridor.
With office space integrated into the facility and a substantial operations area designed for warehouse and industrial use, the property fits companies seeking to expand operations or establish a regional presence in Northeast Arkansas. Buyers and tenants can evaluate the onsite configuration for workflow that requires both administrative space and industrial throughput, supported by the building’s sprinklered design and 3-phase electrical service.
Key Highlights
- Industrial facility built in 1994 on approximately 10 acres at 3506 Airport Road in Jonesboro, AR
- Approximately 84,600 SF total building size with about 14,400 SF of office space
- Large industrial area suited for manufacturing, assembly, distribution, warehouse, and storage uses
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $507.7k | $6.00 |
| − Vacancy | −$24.6k | −$0.29 |
| EGI | $483.1k | $5.71 |
| − OpEx | −$72.5k | −$0.86 |
| NOI | $410.6k | $4.85 |
84,614 SF · lease $6.00/SF/yr · vacancy 4.85% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$7.34M
$6.42M – $8.56M
NOI $513,828 @ 7.0% cap · market cap 11.05%
Second Best
Warehouse
$5.87M
$5.13M – $6.84M
NOI $410,602 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$14.81M
$12.96M – $17.28M
NOI $1,036,959 @ 7.0% cap · market cap 22.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mastercraft Distribution USA ...
Industrial Manufacturer
Couture Lamps, Inc.
(Bike/Boat/Book/etc) Store
Mastercraft International
(Bike/Boat/Book/etc) Store
Coverlight Shade Co
(Bike/Boat/Book/etc) Store
Mastercraft Home Decor
Interior Design
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial facility with 14,400 SF office and flexible production, storage, and distribution space on a 10-acre site.
Where is this flex space located?
The property is located at 3506 Airport Road Jonesboro, AR.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Industrial facility built in 1994 on approximately 10 acres at 3506 Airport Road in Jonesboro, AR; Approximately 84,600 SF total building size with about 14,400 SF of office space; Large industrial area suited for manufacturing, assembly, distribution, warehouse, and storage uses
