Bernard Court Investment Sale
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1843 E Highland
Jonesboro, AR 72401
Price:
$13,650,000
Cap Rate:
7.59%
Building Size:
99,662 SF
Lot Size:
8.17 AC
Broker(s):
Zac Qualls
Highlights
  • Long-Standing Retail Shopping Center Adjacent to Top Walmart Supercenter in Trade Area
  • Anchored by Hobby Lobby on a NEW 10-Year Lease
  • Located in the Epicenter of Jonesboro's Retail Trade Area
  • Exposure to 22,000+ Cars Per Day
  • Recent Exterior Improvements Include Exterior Facade Painting & Parking Lot Re-Seal/Re-Stripe
  • Excellent Tenant Mix Including Hobby Lobby, Shoe Carnival, Lucky's Mattress & Furniture, & the VA Clinic
  • Investment is Priced Well Below Center Replacement Cost
  • Shopping Center is 100% Lease at Below National Market Rents
Property Description
Haag Brown Commercial is pleased to present the opportunity to purchase the Bernard Court Shopping Center in Jonesboro, Arkansas.

A staple along the E. Highland Dr. retail corridor, Bernard Court's sustained success in Jonesboro can be attributed to its strategic location, an area synonymous with retail excellence. The property's proximity to major recognizable retailers including Walmart, Kroger, Target, Ross, Lowe's, Hollywood Feed, and many others along with its positioning within a high-traffic area have contributed significantly to the center's prosperity, making it a coveted destination for shoppers & a valuable asset for investors.

Bernard Court consists of some of the most recognizable retailers in the trade area including Hobby Lobby, Shoe Carnival, Lucky's Mattress & Furniture, and the VA Clinic.

Contact Haag Brown Commercial today to explore this RARE opportunity to own one of the most sought-after retail destinations in the region!
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