2929 S Caraway Rd, Jonesboro, AR 72401
For Lease
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This exceptional two-story, Class A commercial property, totaling 53,000 square feet, is located in Jonesboro, Arkansas, and offers a prime opportunity for businesses seeking modern, efficient space. Built in 2000 and recently modernized, the plaza boasts 15 suites across its single building, with 7,650 square feet currently available for lease. The property sits on 2.67 acres of land and provides ample parking with 120 spaces. The building features multiple lease space opportunities, including six available units, each offering over 1,275 square feet across the first and second floors. The plaza benefits from excellent visibility and accessibility due to its strategic location along Interstate 555 and S. Caraway Road. The property is zoned commercial and has an APN of 01-144294-00500. The building's exterior has undergone significant improvements within the last two years. Owners are open to build-to-suit options to accommodate specific tenant requirements. The property is suitable for a variety of uses, including traditional office and medical office spaces, as evidenced by its current tenant, a medical cannabis dispensary. The building does not have elevators. Utilities are available.
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Millenium MRI Medical Clinic
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Arkansas Weight Loss Clinic Weight Loss Service
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McKee Amy K Dr Alternative Medicine Practice
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Jonesboro Pharmacy Solutions Pharmacy
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Sugar Magnolia Compassionate Healthcare Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.