3701 Johnson Ave Jonesboro, AR 72405-1858
This exceptional commercial property, located at 3701 E Johnson Ave, Jonesboro, AR 72401, offers 3,600 square feet of immediately available space within a larger 10,700 square foot building situated on a 1.6-acre lot. The property is classified as retail and office space, suitable for a single tenant. This modern building is part of a new development completed in August 2013, featuring three buildings along Highway 49 North, strategically positioned between the intersections of Highway 49 & Old Greensboro Road and Highway 49 & Airport Road. The entire 6,600 square foot building at the rear of the development and the entire 2,400 square foot building in the middle are available for lease. This area is experiencing significant growth, fueled by the recent opening of the Nea Baptist Healthcare System campus, creating high demand for lease space. This presents a rare opportunity in a thriving market with limited available options. Lease rates are negotiable, contingent upon tenant quality and lease term. The property's prime location and the current market conditions make this an exceptional investment opportunity.
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Marco's Pizza Restaurant
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.