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New Licensed American Freight | 8.5% CAP 2839 Race St 26,750 SF Retail Building Jonesboro, AR 72401 $2,823,530 ($105.55/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- NEW 5-year NN American Freight Lease in place as of March 27, 2025
- Direct Access & Visibility From 2 Major Thoroughfares - Race St. & Red Wolf Blvd.
- Exposure to Over 32,000 Cars Per Day
- RARE 26,750 SF Stand-Alone Building Just off Red Wolf Blvd.
- Located within Jonesboro's Primary Retail Trade Area
- 1.96 AC with 37 Total Parking Spaces
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,750 SF
Building Class
B
Year Built
2014
Price
$2,823,530
Price Per SF
$105.55
Cap Rate
8.50%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.31
Lot Size
1.96 AC
Zoning
PD-C
Parking
37 Spaces (1.38 Spaces per 1,000 SF Leased)
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- American Freight
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| American Freight | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-144283-09000 | Improvements Assessment | $389,320 |
| Land Assessment | $230,518 | Total Assessment | $619,838 |
PROPERTY TAXES
Parcel Number
01-144283-09000
Land Assessment
$230,518
Improvements Assessment
$389,320
Total Assessment
$619,838
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New Licensed American Freight | 8.5% CAP | 2839 Race St
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