Highland Square: Best Intersection in Jonesboro
“A Regional Power Center w/ Excellent Tenants”
Marketing description
Haag Brown Commercial has an extremely rare opportunity to bring the Highland Square shopping center to the market. This development has been a staple at the signalized intersection of Highland Drive and Caraway Road, the city's primary center of trade, for decades. The property has exposure to over 44,000 cars per day and is highly recognized by the 550,000 consumers that frequent Jonesboro.
Highland Square is strategically placed, surrounded by the top grocer in the market, Kroger Marketplace, the market's dominant Walmart Super Center, & the most recent redevelopment, The Uptown. It is also close in proximity to Sam's Club, Hobby Lobby, Burlington Coat Factory, Lowe's, & sits less than 3/4 of a mile from Interstate 555.
The 21+ acre property includes a 192,537 square foot shopping center, which is home to multiple retailers such as Cato Fashions, Barton's Home Improvements, Sally's Beauty Supply, and Trees & Trends. Kmart was the center's original anchor, occupying the 82,000+ square foot northern end-cap. Within the last 6 years, the space has been completely renovated & Haag Brown Commercial has added brand new tenants, including Ross, Micheal's, & Play It Again Sports. The property also features (4) restaurant out-pads occupied by Taco Bell, KFC, Golden Corral, & Freddy's Frozen Custard & Steakburgers.
Investment highlights
- First Time This Investment Has Ever Been on the Market!!!
- Long Standing Staple at the Signalized Intersection of Highland Drive and Caraway Road
- Exposure to 44,000 Cpd W/ Multiple Access Points to Caraway Rd. & E. Highland Dr.
- Situated on More Than 21 AC - Room for Expansion
- Includes 190,000+ Sf Retail Center and (4) Restaurant Out Parcels
- Ownership Has Added 6 Highly Sought After Tenants in 2 Years
- Regional Shopping Destination That Has Been a Staple in Jonesboro for Decades!
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