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    301 Washington Ave Jonesboro, AR 72401

    Sponsored
    For Lease
    $24 SF/Yr

    Downtown Jonesboro Office - 10,192 SF

    Lot size:
    22,282 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office space, located on the entire third floor of the Century Center at 301 West Washington Avenue in Jonesboro, Arkansas, offers 10,192 square feet of premium office space. The building itself totals 22,282 square feet and features three suites across three stories. This specific space boasts a full-service lease at $24 per square foot and includes 50 dedicated parking spaces for tenants, plus an additional 10 public spaces for visitors. The building is situated on a 1.11-acre lot and offers convenient access to 60 total parking spaces and elevators. The property's prime downtown location provides exceptional visibility, with daily exposure to 8,100 cars and high foot traffic. Its proximity to the federal, district, and county courthouses, police station, restaurants, coffee shops, and retail stores enhances its appeal. The interior layout is versatile, featuring a welcoming foyer, private offices, conference rooms, open workspaces, private bathrooms, and ample storage. This adaptable space is perfect for businesses seeking a blend of professional and collaborative environments within a thriving urban setting. The property's APN is 01-144183-00100, and it's located in Craighead County, Arkansas, zip code 72401. This is a rare opportunity to secure a prominent office space in the heart of Jonesboro's dynamic downtown area.

    Property Features for 301 Washington Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,282 SF
    Class
    A
    Total Rate
    44564

    Building Details

    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Third Floor
    Size
    10,192 SF
    Rate per SF
    $24

    HighLights

    • High foot and vehicle traffic, 8,100 cars per day.
    • Ample on‑site parking.
    • Located in the Jonesboro Downtown Opportunity Zone.
    • Walkable to Downtown Jonesboro amenities.
    • Features a foyer, executive suites, private offices, conference rooms, open workspace, restrooms, and abundant storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ke’Angelo Hunter Realtor, ... Real Estate Agent Jennifer Delong, Halsey ... Real Estate Agents Pam Lackey, Executive ... Real Estate Agency TREY COOPER, HALSEY ... Real Estate Agent KIM SHELTON, HALSEY ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.707151038504
    Latitude
    35.838360701975

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Jonesboro Office - 10,192 SF
    Where is this office property / space located?
    The property is located at 301 Washington Ave Jonesboro, AR.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High foot and vehicle traffic, 8,100 cars per day.; Ample on-site parking.; Located in the Jonesboro Downtown Opportunity Zone.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Washington Ave Jonesboro, AR 72401
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