Guthrie's - New 15 YR Absolute NNN Investment 1745 Caraway 2,132 SF Retail Building Jonesboro, AR 72401 $2,833,300 ($1,328.94/SF) 6% Cap Rate

The rapidly expanding Guthries Chicken brand has come to Jonesboro, AR. This is your opportunity to own some of the best real estate in the entire Northeast Arkansas trade area. Guthries just opened months ago on a Kroger Marketplace outparcel, sandwiched between Chipotle and Texas Roadhouse. This development also features the city’s hottest new retail destination, The Uptown, anchored by Gearhead Outfitters, Gamble Home, The Buckle, Maurices, Hollywood Feed, & The Refinery. Additionally, the nation’s highest volume Tommy’s Express Car Wash is two lots down and the new 8,400 square foot out-parcel center along Highland Drive is now open and home to Elite Eye Care, Nothing Bundt Cakes, Cryo 2.0, & The Joint Chiropractic. The site has exposure to over 47,000 cars per day and is highly recognized by the 550,000 consumers that frequent Jonesboro.
This Guthries is also in close proximity to Hobby Lobby, Burlington Coat Factory & Lowe’s. Over the past 5 years, Haag Brown Commercial has been intimately involved at this intersection which has just received a $2 MM upgrade. The Regions bank building in the northeast corner has been completely renovated. The vacant Coca-Cola Bottling Plant at the southwest corner was converted into a retail clothing store in 2015 and then a large technology company two years later. The addition of Ross, Bargain Hunt & Play It A gain Sports has completely transformed the Kmart Space in the southeast corner and the newly opened Freddy’s has brought even more traffic to the area. Across the street we’ve just announced Barnes & Noble will be located at the hard corner in 9,000+ SF.
This Guthries Chicken is on A+ real estate, operated locally, and offers a hands-off 15 Year Absolute NNN investment.