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2303 E Parker Rd
Jonesboro, AR 72401
New Steak n' Shake Development Along I-555 · Land For Sale · 1.15 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.15 AC
Zoning Commercial

DESCRIPTION

Haag Brown Development is excited to present 2 lots for sale just off of Interstate 555. These are the last available properties in a huge pocket of restaurant commerce which includes O' Charley' s, Colton' s, Kandela, Wendy' s and the newly announced Steak n' Shake. We estimate these 5 national restaurants combine to do over $10MM in annual sales. Within the last 18 months, this area along I-555 has become recognized as Jonesboro' s top entertainment district. The longstanding Malco Hollywood Theater continues to be a major draw for customers across Northeast Arkansas. Hijinx Family Entertainment Center just completed the expansion of their facility which includes the addition of a foam factory, lasertron arena, rope obstacle course, 4 story contained play area, and updated arcade. Ultimate Air, a 10,000+ square foot indoor trampoline park, and Lockdown, The Escape Room opened in the market last year. Due to the sites' close proximity to the Interstate, they qualify for a highway sign up to 100 feet which will have exposure to 41,500 cars per day. Lot 1 contains 2.3 acres and is located just south of Steak n' Shake. The developers are also offering a build-to-suit option wherein the site would be valued to $600,000. Lot 2 contains 1.15 acres and borders Steak n' Shake to the east. The property can be directly accessed by Ben Lamberth Drive which runs beside the Malco theater.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144332-06310
Land Assessment
$56,802
Improvements Assessment
$404,679
Total Assessment
$461,481
  • Listing ID: 9512544

  • Date on Market: 10/10/2017

  • Last Updated:

  • Address: 2303 E Parker Rd, Jonesboro, AR 72401

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