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    Property profile & analytics
    OFF-MARKET
    Strip malls

    3009 Highland Dr, Jonesboro, AR 72401-6257

    11,324 SF 1.35 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-1078261
    Property summary
    AI-generated overview

    This exceptional 5,200 square foot retail space presents a rare leasing opportunity in a vibrant Jonesboro, Arkansas retail center. Located at 3009 E Highland Dr, 72401, this storefront enjoys a highly visible corner location at the intersection of Red Wolf Blvd and Highland Dr, benefiting from exposure to over 60,000 vehicles daily. The property offers convenient access from Red Wolf Blvd to the west, Highland Dr to the north, and Dayton Ave to the south. This nearly 25,000 square foot center boasts a strong tenant mix, including anchor stores PetSmart and Skechers. Additional co-tenants within the center include T-Mobile, SportSlips, Diva Nail & Spa, and Mai Pai Thai Cuisine. The property's prime location is further enhanced by its proximity to a variety of popular restaurants and retailers such as Five Guys, Cheddar's Scratch Kitchen, Ulta Beauty, Kirklands, Olive Garden, AT&T, Chili's, Target, Dillard's, and JC Penney. This space is ideal for a business seeking high visibility and strong foot traffic in a thriving retail environment. The property is classified as a multi-tenant retail storefront.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Total area 11,324 SF
    Lot 1.35 ac (58,806 SF)
    APN 01-144281-00800
    UPID US05-1078261
    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
    • SKECHERS Warehouse Outlet Clothing & Fashion Store (Bike/Boat/Book/etc) Store
    • Mai Pai Thai Cuisine Restaurant
    • TagWorks (Bike/Boat/Book/etc) Store Pet Store & Service
    • Alterations by David's Bridal Jonesboro AR (Bike/Boat/Book/etc) Store
    • PetSmart (Bike/Boat/Book/etc) Store Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Erving Ridge Consulting & Dev LLC · 4 yrs held
    Erving Ridge Consulting & Dev LLC
    since 2022
    Last sale
    $6.9M
    2 recorded transactions
    2022
    $6.9M
    2021
    $4.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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