4-Unit Retail Strip
4504 E Nettleton Ave Jonesboro, AR 72401
4504 E Nettleton Ave, Jonesboro, AR, 72401
$399,000
For Sale
$399,000
Four-unit strip center on E Nettleton Avenue with convenient parking and strong street visibility.
Property Size3,200 SF
Lot Size0.31 Acres
Price / SF$124.69
Days on Market18
Property Features for 4504 E Nettleton Ave
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.31 Acres
Listing agency
Dustin White Realty
(870) 219-2858
Listed by
Dustin White · License #PB00080059
(870) 219-2858
Source
Exprealty
Added: Jul 6 Updated: Jul 22 at 4:36PM Checked: Jul 22 at 4:36PM
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 Dustin White Realty
Investment Insights
Based on property information with market context.
This 4-unit strip center offers a manageable commercial configuration for an investor or owner-user. The property was built in 1990 and is positioned for easy access and day-to-day visibility from East Nettleton Avenue. Buyer to verify square footage, zoning, leases, income, expenses, and permitted uses.
The center is located along East Nettleton Avenue in Jonesboro, serving as a connector to surrounding neighborhoods, schools, commercial areas, and major routes. Convenient parking supports retail, office, salon, service, or professional uses, subject to verification of permitted uses.
As a small multi-tenant asset, the property’s layout provides separate unit space within a single retail center footprint on approximately 0.31 acres.
The center is located along East Nettleton Avenue in Jonesboro, serving as a connector to surrounding neighborhoods, schools, commercial areas, and major routes. Convenient parking supports retail, office, salon, service, or professional uses, subject to verification of permitted uses.
As a small multi-tenant asset, the property’s layout provides separate unit space within a single retail center footprint on approximately 0.31 acres.
Key Highlights
- Four‑unit strip center on E Nettleton Avenue in Jonesboro
- Built in 1990, per public records
- Approx. 0.31‑acre lot
Local Financial Insights For Retail
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 | $41.5k | $12.96 |
| − Vacancy | −$2.5k | −$0.79 |
| EGI | $38.9k | $12.17 |
| − OpEx | −$11.7k | −$3.65 |
| NOI | $27.3k | $8.52 |
3,200 SF · lease $12.96/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$389.4K
$340.8K – $454.3K
NOI $27,260 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.2K
$490.2K – $653.6K
NOI $39,217 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Studio 32 Dance ...
Training Center
Estética Zenteno
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Four-unit strip center on E Nettleton Avenue with convenient parking and strong street visibility.
Where is this strip mall located?
The property is located at 4504 E Nettleton Ave Jonesboro, AR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four‑unit strip center on E Nettleton Avenue in Jonesboro; Built in 1990, per public records; Approx. 0.31‑acre lot
