Jonesboro, Ark., October 3, 2023 – Haag Brown Commercial is proud to announce the sale of a significant 25 acre parcel of land located along I-555 on the heavily populated corridor of Parker Road and Southwest Drive.
The 25 acre property, esteemed by outside brokers as one of the most regional sites in Jonesboro, features substantial frontage on I-555 and provides easy access to the bustling intersection of Southwest Drive and Parker Road, garnering exposure to 70,000 cars per day!
Hwy 49 S/Southwest Drive, a thriving retail thoroughfare, serves as a bridge from the city’s residential area to the downtown Jonesboro business district. This strategic location not only connects the residents to convenient shopping and dining options but also positions the property within easy reach of the commercial activity in the downtown business district.
Southwest Drive and Parker Road will soon be expanded and upgraded as part of ArDOT’s plans to transform this major intersection!
The 140 acre Southern Hills mixed-use project sits along the property’s southern edge and will include single and multi-family homes, commercial storefronts, box stores, restaurants, 12,000 linear feet of sidewalks, 1.6 miles of bike trails, and 26 acres of green space.
Haag Brown envisions the newly acquired 25 acre property will tie into and possibly be an extension of the Southern Hills development, allowing multiple access points to both properties.
The Shops at Parker, which borders the property’s western edge, is a gorgeous new redevelopment of the 45,000 square foot Cash Saver building at the corner of Parker Road and Southwest Drive. It features a Workout Anytime, Quintessential Lighting showroom, Jenni Nails, Ritter Right Fiber & more.
St. Bernards First Care and The Shoppes at Parker, two neighboring businesses, will use a section of the property to expand their operations leaving the remaining 20 acres available for development.
As Jonesboro continues to experience remarkable economic growth and development, this 25 acre property on Parker Road is poised to become a symbol of progress, innovation, and expansion. Haag Brown Commercial is honored to have played a role in this transaction and looks forward to witnessing the positive impact it will have on the region.
About Haag Brown Commercial Real Estate & Development:
Established in 2010 and based in Jonesboro, AR., Haag Brown Commercial Real Estate & Development is the region’s authority in commercial real estate that specializes in retail project development, tenant representation, and investment advising for commercial properties in Arkansas and surrounding states. Partners Greg Haag and Joshua Brown lead Haag Brown Commercial and their clients to success by placing clients’ needs ahead of their own while striving to excel in quality innovations and value of services in order to be a Philippians 2:4 company. For more information about Haag Brown Commercial Real Estate & Development, please call 870.336.8000 or visit www.haagbrown.com