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    FOR LEASE
    Strip malls

    2900 W Kingshighway, Paragould, AR 72450

    45,706 SF 6.39 ac lot
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US05-1985685
    Property summary
    AI-generated overview

    This Paragould, Arkansas retail property, West Pointe Center, offers two available suites within a thriving shopping center totaling 43,300 square feet. Located at 2900 W Kingshighway (APN 1002-35310-007), this multi-tenant shopping center enjoys a prime location along heavily trafficked US 412, boasting 20,300 cars per day. The center is anchored by a Walmart Supercenter and surrounded by numerous national and regional retailers including GameStop, Cato's, Hibbett Sports, and PetSmart, ensuring high visibility and foot traffic. Two suites are immediately available: Suite 140 (2,000 sq ft) situated between GameStop and Larry's Pizza, and Suite 160 (2,400 sq ft) located next to Goodwill. The property is within a one-mile radius of other major retailers and restaurants such as Belk, Lowe's, Dollar Tree, Five Below, Aldi, and various fast-food chains. This presents a rare opportunity to establish a business in a well-established and high-traffic retail environment in Paragould, a city conveniently located 20 miles north of Jonesboro, Arkansas. The property is classified as a shopping center with multiple tenancies.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Total area 45,706 SF
    Lot 6.39 ac (278,348 SF)
    APN 1002-35310-007
    UPID US05-1985685
    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
    • Cato Fashions Clothing & Fashion Store
    • Fancy Nails and Spa Nail Salon
    • New Wave Wireless Mobile Phone Store Electronics & Wireless Store
    • West Pointe Shopping Center Shopping Center & Mall
    • Walmart Garden Center Garden Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $655k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.17M
    Blend (final) Blend
    $910k
    Owner & transaction history
    West Pointe Paragould LLC · 7 yrs held
    West Pointe Paragould LLC
    since 2018
    2 recorded transactions
    2018
    $5.6M
    2014
    $4.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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