HB Investments is excited to offer a rare investment opportunity for a newly licensed NN American Freight with a new 5-year lease!

This freestanding building was initially constructed for FFO Home in 2014 & is situated along Race St. in Jonesboro, Arkansas. This property enjoys a strategic location at the heart of Jonesboro’s bustling retail trade area. Positioned directly across from the Fairgrounds Re-Development, home to a mix of local & national retail establishments like Academy Sports, Sissy’s Log Cabin, The Everyday Chef, Aspen Dental, & Men’s Wearhouse, this property is at the center of retail activity. The surrounding dining options, including Panera Bread, Q’doba, Uncle Maddio’s, Gigi’s Cupcakes, Starbucks, Tacos 4 Life, Wings to Go, & Cheddar’s Casual Cafe, further enhance the property’s allure & potential foot traffic.

With visibility from Red Wolf Boulevard, which sees over 32,000 cars pass by daily, this freestanding building yields prime exposure to a high-traffic area. Convenient access to the signalized intersection of Race St. & Red Wolf Blvd. enhances visibility & makes the property easily reachable from both major roads.

American Freight has a new 5-year lease beginning March 27, 2025 with two, 5-Year Options. There is a 5% rent bump at each option. This investment property offers an NOI of $240,000/YR & a CAP rate of approx. 8.5%.