Stand-Alone Retail
For Sale
Contact for pricing
5060 Hwy 49 N, Brookland, AR 72417
Stand-alone brick storefront with ample parking and highway visibility on a highly trafficked thoroughfare.
Property Size2,520 SF
Price / SF$178.57
Days on Market60
Property Features for 5060 Hwy 49 N
General Information
Standard status
Active
Size
2,520 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Construction
brick
Listing Agency:
Haag Brown Commercial
(870) 336-8000
Listed By:
Zac Qualls
Source:
Moodyscre
Added: Jul 17
Changed: Aug 16
Last Checked: Sep 13 at 5:03AM
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
Investment Insights
Based on property information with market context.
This stand-alone retail building offers more than 2,500 square feet and features a welcoming brick storefront with ample parking. The property is being offered for sale and for lease, giving flexibility for qualified tenants or buyers seeking a dedicated retail facility.
The building is located in the Hilltop area just outside of Jonesboro, Arkansas, with direct access and visibility to Highway 49, described as a highly trafficked thoroughfare. It is also positioned within minutes of Jonesboro’s primary retail trade area, as well as Brookland and Paragould.
For commercial users who value direct road exposure and on-site parking, this storefront format provides a straightforward retail option in a busy trade area.
The building is located in the Hilltop area just outside of Jonesboro, Arkansas, with direct access and visibility to Highway 49, described as a highly trafficked thoroughfare. It is also positioned within minutes of Jonesboro’s primary retail trade area, as well as Brookland and Paragould.
For commercial users who value direct road exposure and on-site parking, this storefront format provides a straightforward retail option in a busy trade area.
Key Highlights
- 2,500+ SF stand‑alone brick storefront in the Hilltop area just outside of Jonesboro, Arkansas
- Excellent visibility and access to Highway 49, a highly trafficked thoroughfare
- Welcoming brick storefront with ample parking
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
$21,467
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
4.77%
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%
$429,340
$429.3K
Cap Rate 7%
$306,671
$306.7K
Cap Rate 9%
$238,522
$238.5K
Market Conditions
NOI Build-Up for 2,520 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
$32.7K $12.96/SF
− Vacancy
−$2.0K −$0.79/SF
EGI
$30.7K $12.17/SF
− OpEx
−$9.2K −$3.65/SF
NOI
$21.5K $8.52/SF
Area
Craighead County, AR
Vacancy
6.10%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
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%
$429,340
Cap Rate 7%
$306,671
Cap Rate 9%
$238,522
Alternative Uses
Best Use
Retail
$306.7K
$268.3K – $357.8K
NOI $21,467 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.2K
$386.0K – $514.7K
NOI $30,883 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72417, AR
5,720
Population
2,391
Households
2.4
Avg Household Size
30
Median Age
18%
College-Educated
90%
High-School Grad
43.0 sq mi
ZIP Area
133
Density / Sq Mi
$63,633
Median Household Income
$44,254
Median Earnings
$989
Median Rent
$168,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Stand-alone brick storefront with ample parking and highway visibility on a highly trafficked thoroughfare.
Where is this storefront property located?
The property is located at 5060 Hwy 49 N Brookland, AR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,500+ SF stand‑alone brick storefront in the Hilltop area just outside of Jonesboro, Arkansas; Excellent visibility and access to Highway 49, a highly trafficked thoroughfare; Welcoming brick storefront with ample parking
