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    2501 Kingshighway Paragould, AR 72450

    Sponsored
    For Lease
    $7 SF/Yr

    Prime Greene County Coworking Opportunity

    Lot size:
    150,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,540 square foot coworking space is situated within the bustling Town West Shopping Center in Greene County. The property offers a prime location nestled amongst a variety of established national retailers, including Belk's, Dollar Tree, Rent-A-Center, Lowe's, Taco Bell, Kentucky Fried Chicken, Chili's, and Waffle House, ensuring high visibility and foot traffic. The space is part of a larger 150,000 square foot retail and office building, providing ample parking for tenants and their clients. The convenient location benefits from significant traffic volume, with an average daily traffic count of 22,000 vehicles, as indicated by ADOT highway signage. This multiple-tenancy building presents a unique opportunity for a coworking business to thrive in a high-traffic, established retail environment. The lease rate is competitive and does not include utilities, property expenses, or building services. This allows for flexible budgeting and customized operational costs. The property's strategic location and strong tenant mix create an ideal environment for a successful coworking venture. The available space is ready for immediate occupancy and offers significant potential for growth and profitability. Highway signage is available, providing additional marketing opportunities. This is a rare opportunity to establish a coworking space in a high-traffic, well-established retail center.

    Property Features for 2501 Kingshighway

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    150,000 SF
    Total Rate
    87500

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    12,540 SF
    Rate per SF
    $7

    HighLights

    • Retail and office coworking space totaling 150,000 square feet in Greene County.
    • One 12,540 square foot coworking space available for lease.
    • Located in Town West Shopping Center with strong national retailer co‑tenancy including Belk, Dollar Tree, Rent‑A‑Center, Lowe's, Taco Bell, Kentucky Fried Chicken, Chili's, and Waffle House.
    • Ample parking available.
    • High traffic count (22,000 cars per day) with highway signage opportunities.
    • Lease rate excludes utilities, property expenses, and building services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hopper's Auto Sales Used Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.5185255
    Latitude
    36.061446

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    Nearby Similar for Lease

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      Prime Office Space in Paragould

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      Paragould Creative Office Space

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    FAQs

    What type of property is this?
    Coworking space - Prime Greene County Coworking Opportunity
    Where is this coworking space located?
    The property is located at 2501 Kingshighway Paragould, AR.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Retail and office coworking space totaling 150,000 square feet in Greene County.; One 12,540 square foot coworking space available for lease.; Located in Town West Shopping Center with strong national retailer co-tenancy including Belk, Dollar Tree, Rent-A-Center, Lowe's, Taco Bell, Kentucky Fried Chicken, Chili's, and Waffle House.
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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.

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    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
    2501 Kingshighway Paragould, AR 72450
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