2500 Alexander Dr Jonesboro, AR 72401-7175
- Strip malls
- 11,750 SF
Current Use by Public Records
- Safe Ship / Graphic Designer / Packaging Supply Store
- Ag Resource Management / Insurance Agency / Agricultural Service
- Gramling Law Firm, PLC / Law Firm
- Beth Gramling Sanders / Copywriting Service / Marketing Consultant
- Pleth, LLC / Web Hosting Company / Website Designer
Property Details for 2500 Alexander Dr
- Property size
- 11,750 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 01-143252-01201
- APU
- 114325201201
Description
This exceptional 1,500-square-foot office space is available for lease within the prestigious Christian Creek Commons Business Park in Jonesboro, Arkansas. Located at 2500 Alexander Drive, this Class A property offers a highly visible location, easily accessible from Interstate 555, a major thoroughfare with over 24,000 vehicles passing daily. The space is part of an 11,810-square-foot building and is ideal for a variety of uses, including traditional office, executive office, or medical office settings. The layout includes multiple private offices, a dedicated conference room, a convenient break area, two restrooms, a server room, and a large open area suitable for a bullpen or other flexible workspace configurations. Christian Creek Commons is a well-established business park, home to a diverse range of professional and retail tenants, creating a thriving and reputable business environment. This space presents a unique opportunity to establish a presence in a highly sought-after location within a successful and easily accessible business park in Jonesboro, Arkansas. The property's zip code is 72401. This listing represents a single available space within a multi-tenant building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,610,000
- 6.5%
- $1,855,000
- 7%
- $1,905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,650,000
- Geo Method
- $1,880,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,615,000
- Retail
- $1,470,000
- Mixed-Use
- $1,750,000
- Hospitality
- $1,945,000
- Educational
- $1,555,000
- Residential Income
- $1,540,000
- Energy
- $1,795,000
- Income-Based Land
- $1,915,000
- Food Service
- $1,675,000
Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Longitude
- -90.3457
- Latitude
- 35.9611
- CBSA code
- 27860
- CBSA name
- JONESBORO, AR METROPOLITAN STATISTICAL AREA