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1843 E Highland Dr
Jonesboro, AR 72401
Hobby Lobby Anchored Center - 100% Leased! · Retail Property For Sale
Investment Highlights
- Long-Standing Retail Shopping Center Adjacent to Top Walmart Supercenter in Trade Area
- Located in the Epicenter of Jonesboro’s Retail Trade Area
- Investment is Priced Well Below Center Replacement Cost
- Anchored by High-Volume Hobby Lobby on a NEW 10-Year Lease
- Excellent Tenant Mix including Hobby Lobby, Shoe Carnival, Lucky’s Mattress & Furniture, & the VA Clinic
- Shopping Center is 100% Leased at Below National Market Rents
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
99,662 SF
Building Class
B
Year Built/Renovated
1993/2023
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
8.18 AC
Zoning
C-3 - General commercial district
Parking
313 Spaces (3.14 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 01-144291-05800 | Improvements Assessment | $1,354,417 |
| Land Assessment | $285,873 | Total Assessment | $1,640,290 |
Property Taxes
Parcel Number
01-144291-05800
Land Assessment
$285,873
Improvements Assessment
$1,354,417
Total Assessment
$1,640,290
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