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Higginbotham Family Dental Strip Center 321 Southwest Dr 3,200 SF Retail Building Jonesboro, AR 72401 $833,000 ($260.31/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Exposure To More Than 20,000 CPD
  • Great Access To The Property
  • Surrounded By A Surge Of New Development
  • Strong Medical & Professional Tenant Mix
  • Cross Parking For The Entire Development

EXECUTIVE SUMMARY

This project is located on Southwest Drive where we have seen substantial growth in new development. Located just a quarter mile from one of the most important intersections in Jonesboro, this property has exposure to over 20,000 cars per day.
Higginbotham Dental is the current tenant with 2.5+ years remaining on the initial term lease. New neighborhood developments include CVS, Dairy Queen, McDonald's, and Starbucks. The property is also surrounded by Firehouse Subs, Shipley's Donuts, The Medicine Shoppe, First Security Bank, and Pizza Inn.

This is a quality long-term investment with a great tenant.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
3,200 SF
Building Class
C
Year Built
2008
Price
$833,000
Price Per SF
$260.31
Cap Rate
6%
NOI
$49,980
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.33 AC
Zoning
C-3

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -

Founded in 2008, Benjamin F. Edwards is a growing, national wealth management firm that is committed to putting its clients’ interests first. Benjamin F. Edwards manages both a traditional full-service brokerage firm, as well as their independent advisory arm, Edwards Wealth Management, launched in 2019. Benjamin F. Edwards goal is to provide the right structure and a home for every advisor and every client. Trust. Integrity, Mutual Respect. These are the principles that guide them as Benjamin F. Edwards delivers the informed investment advice they deserve, and the client-first service they expect.

  • Health Care and Social Assistance
  • -
  • -
  • -

Dr. Higginbotham and his associates offer diverse general and Cosmetic Services for everyone in your family. As your partners in oral healthcare, the Higginbotham Family Dental team will recommend homecare tips to make your daily smile care effective and efficient. You should visit our office at least twice each year for preventive checkups and dental cleanings. Our Dentists will discuss with you what you want from your dental appointments, whether restorative care and maintenance or cosmetic dental enhancements. Then, he will present a treatment plan with visual aides, like digital X-rays and intraoral photographs, to show you his findings and explain his recommendations. Your children, parents, and grandparents will feel welcomed and well cared for at Higginbotham Family Dental. If you or a loved one experience anxiety when faced with dental work, our dentists may recommend oral sedation for a relaxing, rewarding experience.

  • The Oral and Implant Surgery Center
  • Health Care and Social Assistance
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Finance and Insurance - - -
Health Care and Social Assistance - - -
The Oral and Implant Surgery Center Health Care and Social Assistance - - -

NEARBY MAJOR RETAILERS

First Horizon Bank
Regions Bank
Bank OZK
Liberty Bank
Starbucks
Harps Food
Centennial Bank
Simmons Bank
Mazzio's
Checkers Drive-In Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144302-39200
Land Assessment
$28,748
Improvements Assessment
$136,691
Total Assessment
$165,439
  • Listing ID: 36113647

  • Date on Market: 6/4/2025

  • Last Updated:

  • Address: 321 Southwest Dr, Jonesboro, AR 72401

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