Haag Brown Commercial is pleased to offer a NN American Freight investment property FOR SALE in Jonesboro, Arkansas!

The 26,750 square foot freestanding building sits on approximately 1.96 acres & was initially constructed for FFO Home furniture store in 2014. American Freight assumed the lease in 2020 & has served the Jonesboro community since. Situated along Race St., the property enjoys a strategic location at the heart of Jonesboro's bustling retail trade area.

American Freight recently renewed their lease for an additional 5-year term that expires June 30, 2029. In addition, AF has two (2) five (5) year options with rent bumps per option exercised. This investment property currently offers an NOI of $240,000/YR and a CAP Rate of 7.90%.

American Freight, a subsidiary of Franchise Group Inc., offers affordable, high-quality furniture, mattresses and appliances through its direct-to-consumer, warehouse-style stores. With more than 5 million satisfied customers, American Freight has a strong legacy of helping customers save money since 1994. American Freight offers exceptional customer service and a one-stop-shop for quality furniture, mattresses and appliances at everyday low prices. The company has over 370 U.S. locations in 40 states.