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2203 Red Wolf Blvd
Jonesboro, AR 72401
8,600 SF Class A Multi-Tenant Retail Center · Retail Property For Sale


Investment Highlights
- 100% Leased - Local, Regional, & National Tenant Mix
- Exposure to more than 40,000 cars per day along Red Wolf Blvd.
- Rare opportunity to acquire a high-quality, income-producing asset in a corridor with significant growth & low vacancy
- A+ location surrounded by national brands - Academy Sports, Panera Bread, Cheddar's, Chicken Salad Chick
- High-profile 8,600 SF retail center built in 2015 that has enjoyed consistently strong tenancy ever since
- Limited competing Class A product available for purchase in this trade area, enhancing its investment profile
Executive Summary
This modern Class A multi-tenant retail center offers an exceptional opportunity for investors seeking a high-profile asset in an A+ Jonesboro location. Positioned directly on Red Wolf Blvd. at the entrance to the expansive Fairgrounds development, the property benefits from strong regional draw generated by nearby national brands such as Academy Sports, Panera Bread, Tacos 4 Life, Kohl’s, Lowe’s, Cheddar’s, GNC, Wings To Go, Qdoba, Chicken Salad Chick, Sissy’s Log Cabin, The Good Feet Store, and more.
The approximately 8,600 SF center sits along Jonesboro’s primary retail corridor, Red Wolf Blvd., with exposure to over 40,000 vehicles per day and excellent visibility, access, and signage potential. Surrounding retailers and restaurants include Verizon, Baskin-Robbins, Bonchon Korean Fried Chicken, McDonald’s, Five Guys, LongHorn Steakhouse, Red Lobster, Chili’s, Olive Garden, Chick-fil-A, Target, JCPenney, Dillard’s, and the highly anticipated Shops at Turtle Creek redevelopment of the former mall site, further solidifying the area as the dominant retail hub for the market.
Tenancy at the center is anchored by a strong mix of local, regional, and national users, including Aspen Dental, 5 Star Nutrition, Slurp, and Frank’s Hot Chicken, providing diversified income streams and daily traffic to the property. The modern architecture, high-quality construction, and well-balanced tenant lineup position this asset for long-term stability and rent growth.
This is a rare chance to acquire a true Class A, income-producing asset along a corridor that has seen significant new development and consistently low vacancy. With limited competing product available for sale on Red Wolf Blvd., this offering stands out as a premier retail investment in one of Jonesboro’s most dynamic and proven trade areas.
The approximately 8,600 SF center sits along Jonesboro’s primary retail corridor, Red Wolf Blvd., with exposure to over 40,000 vehicles per day and excellent visibility, access, and signage potential. Surrounding retailers and restaurants include Verizon, Baskin-Robbins, Bonchon Korean Fried Chicken, McDonald’s, Five Guys, LongHorn Steakhouse, Red Lobster, Chili’s, Olive Garden, Chick-fil-A, Target, JCPenney, Dillard’s, and the highly anticipated Shops at Turtle Creek redevelopment of the former mall site, further solidifying the area as the dominant retail hub for the market.
Tenancy at the center is anchored by a strong mix of local, regional, and national users, including Aspen Dental, 5 Star Nutrition, Slurp, and Frank’s Hot Chicken, providing diversified income streams and daily traffic to the property. The modern architecture, high-quality construction, and well-balanced tenant lineup position this asset for long-term stability and rent growth.
This is a rare chance to acquire a true Class A, income-producing asset along a corridor that has seen significant new development and consistently low vacancy. With limited competing product available for sale on Red Wolf Blvd., this offering stands out as a premier retail investment in one of Jonesboro’s most dynamic and proven trade areas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,600 SF
Building Class
B
Year Built
2014
Price
$4,500,000
Price Per SF
$523.26
Cap Rate
5.60%
NOI
$251,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.47 AC
Zoning
C-3 - C-3, General Commercial District
Frontage
192’ on Red Wolf Blvd.
Amenities
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 01-144282-04200 | Improvements Assessment | $276,240 |
| Land Assessment | $230,519 | Total Assessment | $506,759 |
Property Taxes
Parcel Number
01-144282-04200
Land Assessment
$230,519
Improvements Assessment
$276,240
Total Assessment
$506,759
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