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    2701 Parkwood Rd Jonesboro, AR 72401

    Sponsored
    For Lease
    $40 SF/Yr

    7,020 SF Retail/Office Space Available

    Lot size:
    7,020 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A retail center, slated for completion in 2025, offers 7,020 square feet of prime commercial space in Jonesboro, Arkansas. Located at 2701 Parkwood Rd, at the corner of Fair Park Blvd, this one-acre property boasts a highly visible location within Jonesboro's thriving retail sector, near established businesses like Academy Sports and Cheddar's Casual Cafe. The building comprises four individual suites, each measuring 1,755 square feet, with the flexibility to combine units for larger tenants. The property is available as a whole (7,020 SF) or in divisible units, offering a minimum of 1,755 square feet. Spaces will be delivered in cold-dark shell condition, with tenant improvement allowances negotiable. This represents a rare opportunity to secure brand-new retail space in a prime Jonesboro location, benefiting from high visibility and significant foot traffic. The property's APN is 01-144282-04940. This development presents a unique chance to establish a presence in a dynamic and rapidly growing retail area. The property is zoned for retail, office, and restaurant uses. The address is 2701 Parkwood Rd, Jonesboro, AR 72401.

    Property Features for 2701 Parkwood Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,020 SF
    Class
    A
    Total Rate
    23400

    Building Details

    Year Built
    2025
    Buildings
    1

    Unit(s) available at that property

    Space
    Proposed 7,020 SF Township Retail Center
    Size
    7,020 SF
    Rate per SF
    $40

    HighLights

    • New 7,020 SF Class A retail center in Jonesboro, AR, completing in 2025.
    • Located at 2701 Parkwood Rd, near Academy Sports and Cheddar's.
    • Divisible suites, 1,755 SF each, or lease the entire 7,020 SF.
    • Cold‑dark shell delivery; tenant improvement allowances negotiable.
    • Rare opportunity in a high‑visibility, high‑traffic Jonesboro retail area; zoned for retail, office, and restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Gym & Fitness Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.673158567575
    Latitude
    35.817823288755

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    FAQs

    What type of property is this?
    Restaurant - 7,020 SF Retail/Office Space Available
    Where is this restaurant located?
    The property is located at 2701 Parkwood Rd Jonesboro, AR.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: New 7,020 SF Class A retail center in Jonesboro, AR, completing in 2025.; Located at 2701 Parkwood Rd, near Academy Sports and Cheddar's.; Divisible suites, 1,755 SF each, or lease the entire 7,020 SF.
    Request Owner's contact information
    2701 Parkwood Rd 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
    2701 Parkwood Rd Jonesboro, AR 72401
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