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    3701 Johnson Ave Jonesboro, AR 72401

    Sponsored
    For Lease
    $216 SF/Yr

    Prime Jonesboro location, 3,600 sq ft available.

    Lot size:
    10,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 3701 E Johnson Ave, Jonesboro, AR 72401, offers 3,600 square feet of immediately available space within a larger 10,700 square foot building situated on a 1.6-acre lot. The property is classified as retail and office space, suitable for a single tenant. This modern building is part of a new development completed in August 2013, featuring three buildings along Highway 49 North, strategically positioned between the intersections of Highway 49 & Old Greensboro Road and Highway 49 & Airport Road. The entire 6,600 square foot building at the rear of the development and the entire 2,400 square foot building in the middle are available for lease. This area is experiencing significant growth, fueled by the recent opening of the Nea Baptist Healthcare System campus, creating high demand for lease space. This presents a rare opportunity in a thriving market with limited available options. Lease rates are negotiable, contingent upon tenant quality and lease term. The property's prime location and the current market conditions make this an exceptional investment opportunity.

    Property Features for 3701 Johnson Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,700 SF
    Total Rate
    192600

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,600 SF
    Rate per SF
    $216

    HighLights

    • Three spaces available for lease.
    • High traffic location with over 25,000 cars per day.
    • Less than 0.9 miles from the new Nea Baptist Healthcare System campus.
    • Highway 49 North frontage.
    • Adjacent to a 35,000 square foot Bill's Fresh Market.
    • Features brand new, modern architecture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marco's Pizza Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.6526654
    Latitude
    35.8582226

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Jonesboro location, 3,600 sq ft available.
    Where is this office property / space located?
    The property is located at 3701 Johnson Ave Jonesboro, AR.
    What is the lease rate?
    The lease rate is $216 SF/Yr.
    What are key features of this property?
    This property features: Three spaces available for lease.; High traffic location with over 25,000 cars per day.; Less than 0.9 miles from the new Nea Baptist Healthcare System campus.
    Request Owner's contact information
    3701 Johnson Ave Jonesboro, AR 72401
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    Jonesboro, AR 72401
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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
    3701 Johnson Ave Jonesboro, AR 72401
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