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Prime Retail Space in Jonesboro
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2701 Parkwood Rd, Jonesboro, AR 72401

Proposed retail center in Jonesboro's thriving retail sector.

Space Size7,020 SF
Days on Market862

Property Features for 2701 Parkwood Rd

General Information

Standard status Active
Size 7,020 SF
Class A
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 7,020 SF
Year Built 2025
Tenancy Multiple

Spaces For Lease

at 2701 Parkwood Rd Contact us

Proposed 7,020 SF Township Retail Center

Size
7,020 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Haag Brown Commercial Real Estate and Development
Listed By: Zac Qualls · License #EB00073816
Source: Crexi
Added: Apr 26, 2024 Changed: Sep 3 Last Checked: Sep 2 at 6:18PM

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 Haag Brown Commercial Real Estate and Development

Investment Insights

Based on property information with market context.

A proposed 7,020 square foot strip center is planned for construction in Jonesboro, Arkansas, at the corner of Parkwood Road and Fair Park Boulevard, situated just off Red Wolf Boulevard. The location is in the heart of Jonesboro's main retail sector, an area that has experienced significant growth over the past decade. This retail hub is home to numerous brands and businesses, including Academy Sports, Cheddar's Casual Cafe, and Panera Bread. The proposed retail center will offer approximately 7,020 square feet of space, divided into four individual bays of 1,755 square feet each. The flexible layout allows for customization to accommodate larger space requirements by combining multiple suites. Tenants can expect spaces delivered in cold-dark shell condition, with negotiable tenant improvement allowances to tailor the space to their needs. The location offers high visibility and traffic, making it an attractive prospect for businesses. The surrounding area includes a mix of restaurants, retailers, and service providers, offering a promising opportunity for businesses looking to tap into this market.

Key Highlights

  • Prime location at the corner of Parkwood & Fair Park Blvd, off Red Wolf Blvd, in Jonesboro's main retail sector.
  • Located in a booming retail hub with high visibility and traffic.
  • Surrounded by popular establishments like Academy Sports, Cheddar's, and Panera Bread.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Butcher Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

778
Businesses Nearby
362k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 65% Shops & Services 14% Home Improvements & Furnishings 8% Apparel 7%
McDonald's Dining
30,841 visits/mo 0.3 miles
Kum & Go Shops & Services
27,576 visits/mo 0.3 miles
Olive Garden Dining
26,712 visits/mo 0.5 miles
Cheddar's Scratch Kitchen Dining
22,886 visits/mo 0.3 miles
LongHorn Steakhouse Dining
20,397 visits/mo 0.3 miles

Demographics for 72401, AR

43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Proposed retail center in Jonesboro's thriving retail sector.
Where is this strip mall 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: Prime location at the corner of Parkwood & Fair Park Blvd, off Red Wolf Blvd, in Jonesboro's main retail sector.; Located in a booming retail hub with high visibility and traffic.; Surrounded by popular establishments like Academy Sports, Cheddar's, and Panera Bread.
(870) 284-4448 Call to check price and availability
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