Midtowne Marketplace - Only Remaining Big Box Space, Suite A
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1901 S. Caraway Road
Jonesboro, AR 72401
Price:
$3,167,875
Space Available:
25,343 SF
Broker(s):
Joshua Brown
Highlights
  • 25,343 Square Foot Existing Big Box Retail Space
  • Shared Access to Large Loading Dock
  • Part of Gamble Home and Gearhead Outfitter's Re-Development of Former Sears Building
  • Exposure to Over 44,000 Cars Per Day
  • Largest Regional Intersection in Jonesboro
  • Kroger Marketplace 125,000 SF Anchor
Property Description
This is your opportunity to be part of Jonesboro’s biggest redevelopment since the old Fairgrounds project. The former Sears building on the old Indian Mall property has been purchased to make way for Gamble Home and Gearhead Outfitters. The popular, Jonesboro based businesses will be the newest addition to the Indian Mall Re-development project, joining some of the city's top businesses including Kroger Marketplace, Tommy’s Express Car Wash, and Texas Roadhouse.

The updated facility will feature a visually impressive exterior design, a covered plaza, upgraded walkways, multiple planting areas, an open greenspace and a small food truck area.

Gamble Home will occupy the eastern end-cap closest to Texas Roadhouse, while Gearhead Outfitters and La-Z-Boy Comfort Studio will occupy the middle portion of the building, leaving the 25,000+ square foot western end-cap available for sale or lease. All tenants share access to a large loading dock located at the rear of the building.

One 0.42 AC out-pad remains along Highland and is available for ground lease or build to suit. Another 3.113 acre tract, which sits between the Gamble Home/Gearhead Outfitters building and Kroger Marketplace, is also available for purchase. However, additional plans have been proposed to build 36,000 square feet of shop space on the site that will connect the two existing centers.

Site plans and renderings are on file.

The old Indian Mall property has been a staple at the corner of Highland Drive and Caraway Road, the city’s primary center of trade, for decades. The site has exposure to over 44,000 cars per day and is highly recognized by the 550,000 consumers that frequent Jonesboro.

Strategically placed between our dominant Walmart and The Mall at Turtle Creek, the development is surrounded by several popular restaurants and retailers including Kroger Marketplace, Office Max, Smoothie King, Taco Bell, KFC, and Cici’s Pizza. It is also in close proximity to Sam’s, Hobby Lobby, Burlington Coat Factory and Lowes.

Over the past 5 years, Haag Brown Commercial has been intimately involved at this intersection which is currently receiving a $2 MM upgrade. The Regions bank building in the northeast corner has been completely renovated. The vacant Coca-Cola Bottling Plant at the southwest corner was converted into a retail clothing store in 2015 and then a large technology company two years later. The addition of Ross, Tuesday Morning, Bargain Hunt and Play It Again Sports has completely transformed the Kmart Space in the southeast corner and the newly announced Freddy’s
will bring even more traffic to the area.