This condominiumized retail investment opportunity represents the acquisition of a stabilized, Class A portion of The Uptown, Jonesboro’s premier retail redevelopment at 2206 E. Highland Drive, Jonesboro, Arkansas. The offering is priced at a 6.00% cap rate, providing investors with in-place income from a complementary mix of national, regional, and local tenants positioned within the center of Jonesboro’s dominant retail trade area.

The for sale component is leased to Hollywood Feed, The Refinery, 1812 Pizza Co., Luxe Dry House, and Glo Tanning. Four of the five leases are structured as NNN leases, creating a more passive ownership profile by shifting many operating expenses to the tenants under the applicable lease terms. The tenant roster offers diversification across pet supplies, apparel, food and beverage, beauty, salon services, and wellness—uses that encourage recurring visits and help support ongoing consumer traffic.

The Uptown is a reimagined retail destination created through the redevelopment of the former Sears location at Indian Mall. The approximately 115,150-SF power-center property sits on approximately 8.94 acres, offers roughly 1,768 parking spaces, and fronts East Highland Drive—an intersection/corridor reported to carry approximately 44,000 cars per day.

While not included in this offering, the balance of The Uptown further strengthens the investment through co-tenancy with established retailers including Buckle, Maurices, Gearhead Outfitters, Delta Darlings, and Steamroller Blues, reinforcing the center’s established retail identity and customer draw.

The property is located within the epicenter of Jonesboro’s retail trade area, surrounded by a deep concentration of national retailers, restaurants, grocery, and service businesses. The Uptown’s redevelopment joins major nearby traffic drivers including Kroger Marketplace, Texas Roadhouse, Chipotle, Tommy’s Express Car Wash, and other retail destinations along the East Highland Drive corridor. This location offers investors a combination of high-profile positioning, customer accessibility, strong surrounding retail synergy, and visibility within one of Northeast Arkansas’s primary commercial corridors.

This is a RARE opportunity to acquire a Class A, income-producing retail asset within one of Jonesboro’s most recognizable and strategically positioned retail destinations. With a diversified mix of established tenants, compelling co-tenancy, and a location at the center of the city’s dominant retail corridor, The Uptown offers the combination of durable in-place income, long-term retail relevance, and institutional-quality positioning that is seldom available in the Northeast Arkansas market.