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1402 E Highland Dr
Jonesboro, AR 72401
Development Opportunity Beside Newk's · Land For Sale · 2.43 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Bank
Total Lot Size 2.43 AC
No. Stories 1
Zoning Commercial

DESCRIPTION

Haag Brown Commercial is excited to announce a new retail development, anchored by Newk's, is currently under construction at the corner of Highland Drive and Hillcrest Drive, directly across from El Acapulco. This 2.13 acre site is adjacent to the western border of Newk's and has ample frontage along Highland Drive, making access into and out of the property simple. It would be ideal for a strip center or restaurant. However, if you or your business are looking for a high traffic corner on which to relocate or expand, the 0.49 acre retail pad adjacent to Newk's eastern border is ideal. The site will support a 2,000 to 3,500 square foot building and all the site work is complete, with a full parking lot and construction ready pad in place. The site has access from Highland and Hillcrest making it perfect for a small free standing bank branch. If inline retail space is what you need, Phase I of the development will feature a shopping center beside Newk's with up to 20,362 square feet available for lease, which the owners will build to suit! The suites range from 1,400 square feet to 4,900 square feet. Located along Interstate 555, Jonesboro is the retail epicenter of Northeast Arkansas. Despite negative trends of other marketplaces nationwide, Jonesboro is one of only 26 cities in the 363 metropolitan statistical areas in the U.S. that has not only recovered jobs lost from the economy' s recent downfall but has added to them! Jonesboro continues to be the primary bastion of growth and investment. Jonesboro has steadily grown over 40% in size since 1990 and is estimated to maintain that same or greater level of growth over the next 20 years. Jonesboro is also the home of the Arkansas State University Red Wolves, which is one of the fastest growing universities in Arkansas and becoming one of the Mid-South' s top institutions. NEA Baptist is getting settled into their $400 million dollar health care facility, the largest health care investment in Arkansas in the last decade.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144203-11300
Land Assessment
$157,601
Improvements Assessment
$397,849
Total Assessment
$555,450
  • Listing ID: 8837087

  • Date on Market: 8/25/2017

  • Last Updated:

  • Address: 1402 E Highland Dr, Jonesboro, AR 72401

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