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    Property profile & analytics
    OFF-MARKET Estimated value $5,615,000
    Strip malls

    2810 Highland Dr, Jonesboro, AR 72401-6231

    60,000 SF 5.77 ac lot
    Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-1299321
    Property summary
    AI-generated overview

    The Highlands, a 60,000 square foot Class B retail center in Jonesboro, Arkansas, offers multiple storefront spaces for lease. Located at 2810 E. Highland Dr. (cross street: E. Highland Dr. & Red Wolf Blvd.), this prominent 5.83-acre property boasts high visibility in a major trade area. Built in 1985 and extensively renovated in 2016, the center presents a modern aesthetic. Available spaces range from 1,500 to 4,500 contiguous square feet, with a minimum divisible space of 1,500 square feet. The property is zoned C-3 and features a diverse tenant mix including Fuji Japanese Steakhouse, Huddle House, T.J.'s Burgers, and Fizz Facial Bar, among others. This landmark location offers exceptional exposure to a large consumer base, making it an ideal opportunity for retailers seeking a high-traffic location in a thriving Jonesboro market. The property's APN is 01-144213-01100. This is a rare opportunity to secure retail space in a well-established and highly visible center.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Total area 60,000 SF
    Lot 5.77 ac (251,341 SF)
    APN 01-144213-01100
    UPID US05-1299321
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Queen Nails Nail Salon
    • CosmoProf (Bike/Boat/Book/etc) Store Cosmetic Store
    • Cell Phone Station Mobile Phone Store Electronics & Wireless Store
    • Jacuzzi Hot Tubs of Jonesboro (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
    • Liberty Tax Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.62M
    Owner & transaction history
    G & P Development LLC · 10 yrs held
    G & P Development LLC
    since 2016
    1 recorded transaction
    2016
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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