2117 E Parker Rd
Jonesboro, AR 72404
Well Established Restaurant Location on I-555 · Retail Property For Sale

This restaurant development is situated on Parker Road, just off of Interstate 555, in one of the best retail locations in Jonesboro. The highly visible property has exposure to 56,700 cars per day and borders a huge pocket of restaurant commerce that includes O'Charley's, Colton's, Kandela, Wendy's, and Steak n' Shake. We estimate these 5 national restaurants combine to do over $10MM in annual sales. The development sits directly in-between the 2 largest entertainment draws for customers across Northeast Arkansas, the longstanding Malco Hollywood Theater, which is finishing extensive upgrades, and Hijinx Family Entertainment Center, who just completed the expansion of their facility to include a foam factory, lasertron arena, rope obstacle course, 4 story contained play area, and updated arcade. It is also less than 600 feet from the market's newest attractions, Ultimate Air, a 10,000+ square foot indoor trampoline park, and Lockdown, The Escape Room, which have both been extremely successful over the last few years. Built for Front Page Cafe in 2001, this 6,004 square foot building sits on a huge 1.57 acre lot with 95 parking spaces. The property has a well-lit and landscaped parking area and the building features a large entry area and private dining room. With the owner offering the property for sale or lease, there are multiple options available. Although the property is ideal for a large national or regional restaurant, it could also suit a number of retail uses. 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.