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2815 Race St
Jonesboro, AR 72401
Brand New Retail Center Off Red Wolf · Retail Property For Sale
Property Facts
Property Type
Retail
Building Size
5,600 SF
Building Class
B
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.55 AC
Parking
20 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
191’ on Race St
Amenities
- Signage
- Drive Thru
About 2815 RACE ST , JONESBORO, AR 72401
This 5,600 SF Retail Center is next to the Fairgrounds Retail Development. Situated on Race Street, directly off Fair Park Blvd and Red Wolf Blvd, this property has exposure to more than 50,000 CPD combined on Red Wolf Blvd and Race. The center features some very exciting tenants including 1812 Pizza Company and Legendary Supplements. The neighboring retailers include Kohl’s, FFO Home, Plato’s Closet, Tractor Supply, Sonic, Sumo Japanese Steakhouse, Starbucks, On The Border, and many others. The property is being offered for $1,175,000 at a 8.5% proforma CAP rate. Both leases in place have more than 4 years remaining with two, three year options.
Property Taxes
| Parcel Number | 01-144283-04000 | Improvements Assessment | $146,936 |
| Land Assessment | $174,064 | Total Assessment | $321,000 |
Property Taxes
Parcel Number
01-144283-04000
Land Assessment
$174,064
Improvements Assessment
$146,936
Total Assessment
$321,000
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