6311 Highway 1 S, Jonesboro, AR 72404
Flex industrial building with fenced rear yard and front concrete display area, currently leased to an automotive dealership.
- Added:
- May 27, 2026
- Days on Market:
- 23
- Last Refresh:
- Jun 16 at 4:37 am
Property Features for 6311 Highway 1 S
General Information
- Standard status
- Active
- Size
- 12,050 SF
- Lot size
- 1.96 Acres
Listing agent Kent E. Arnold (870) 932-4681
Listing office Arnold Group Real Estate (870) 932-4681
Listing date May 27, 2026
Source Exprealty
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 Arnold Group Real Estate
HighLights
- Flex industrial building totaling 12,050 SF on 1.96 acres
- Front concrete display area with large concrete display in the front
- Fenced property with fencing around the entire rear yard
- Great exposure on Hwy 1 South
- Currently leased to an automotive dealership
Overview
The site is positioned for exposure on Hwy 1 South. This visibility can be useful for users that rely on walk-by or drive-by attention, and the fenced rear helps separate operations from the public-facing display area.
The current lease to an automotive dealership may appeal to buyers seeking a flex industrial asset with an operating tenant in place. For other buyers or tenants, the combination of flex building space, front display concrete, and a fenced rear yard provides a practical layout for automotive-related or general industrial uses that benefit from on-site display and controlled storage areas.
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 | $156.2k | $12.96 |
| − Vacancy | −$9.5k | −$0.79 |
| EGI | $146.6k | $12.17 |
| − OpEx | −$44.0k | −$3.65 |
| NOI | $102.6k | $8.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.693438
- Latitude
- 35.732473
