Haag Brown Commercial is excited to present the last available lot in a new development anchored by Newk’s, one of the top grossing business lunch destinations in Jonesboro. The property overlooks Highland Drive, the city’s main east/west retail artery, lending it exposure to over 18,000 cars per day.
The 2 commercial lots just west of Newk’s were recently purchased for the new home of Armor Bank. Construction is scheduled to begin soon.
This building ready lot is adjacent to Newk’s eastern border, at the high traffic corner of Highland and Hillcrest, directly across from El Acapulco. The 0.49 acre retail pad is available for purchase or lease and will support a 2,000 to 3,500 square foot building. All the site work is complete, with detention, a full parking lot, and landscaping in place. The site has great access making it perfect for a small free standing bank branch or any business needing drive through capabilities.
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. Serving a trade area of over 500,000 people in almost twenty-four counties in Arkansas, Missouri and Tennessee, 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. With a 363,689 primary trade area population, Jonesboro clearly serves more than its 68,000 residents.
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.
