Rare Investment Opportunity :: The Shops @ Parker
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3106 Southwest Dr.
Jonesboro, AR 72404
Price:
$8,250,000
Cap Rate:
7.15%
Building Size:
46,121 SF
Lot Size:
6.40 AC
Broker(s):
Nathan Eller
Highlights
  • Commanding location at the intersection of Hwy 49 & I-555 – one of Northeast Arkansas’ most visible, heavily trafficked corners
  • Full-scale redevelopment with stunning architecture, upgraded facades, and exceptional curb appeal
  • Anchored by established tenants: Workout Anytime (2nd location), Ritter Communications (2nd location), Jenni Nails, HomeTronix, and Quintessential Lighting
  • 35,000+ vehicles per day with multiple access points and digital monument signage
  • Extensive landscaping, abundant parking, and modern exterior lighting package
  • Priced well below replacement cost with a stable tenant mix and attractive cap rate
  • (2) additional expansion opportunities available
Property Description
Haag Brown Commercial is excited to bring The Shops atmParker, a new 46,000 sq. ft. re-development located at the heavily trafficked and signalized intersection of Southwest Drive & Parker Road, to market for SALE!

The building, formerly a grocery store, has been completely revamped and offers classy modern architecture, aesthetically pleasing storefronts and facades, an abundance of parking with islands of green space & landscaping & digital monument signage along Southwest Drive. The Shops at Parker offers an exciting tenant mix which includes Workout Anytime (2nd location), Ritter Communications (2nd location), Jenni Nails,
HomeTronix, & Quintessential Lighting.

With exposure to over 35,000+ cars per day, multiple access points, a high quality tenant mix, beautifully designed exterior facades and an abundance of parking, this is an ideal investment for buyers looking for a reliable source of passive income.
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