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$ 967,000
Est. payment | /mo
5,270 SqFt
$ 967,000
Est. payment | /mo
5,270 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,270 sqft
Price per Sqft $183
MLS Listing ID 1354979
HOA Y/N No
Year Built 2005
Property Sub-Type Retail
Property Description
This fully-occupied, three-tenant retail center at 405 Southwest Dr is anchored by a solid mix of national and regional tenants with a long history of occupancy at the site. The regional restaurant tenant recently executed a long-term, absolute triple net lease renewal, reinforcing the center's stability and income durability. The property features drive-through windows on both end caps and a tall, multi-tenant pole sign fronting the highway for maximum visibility. With traffic counts of approximately 22,000 VPD on Southwest Dr and affordable in-place rents, this asset will always be attractive to future tenants seeking a high-exposure location with excellent access. This is a compelling opportunity for an investor seeking dependable, long-term income backed by proven tenant retention.
Location
State AR
County Craighead
Direction From I-555 take exit 45 onto Southwest Dr. Head east for ~.5 miles and property will on your right.
Exterior
Present Use Retail
Road Frontage Main Thoroughfare
Building
Lot Description Central Business District, Corner Lot
New Construction No
Others
Special Listing Condition None
Virtual Tour https://tour.nwarealtors.org/405-Southwest-Drive-Jonesboro-AR-72401/unbranded
Listed by Lindsey & Associates Inc
NEARBY SCHOOL & BUSINESS

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