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25777687
25777688

4214 Access Rd, Jonesboro, AR 72401

Colliers - Nashville, Tennessee
Listed by Colliers - Nashville, Tennessee
$2,650,000
302 days on market
Updated 37 days ago

Four Seasons Storage

Details
Property Type Self Storage
Sub Type storage
Square Footage 36,300
Net Rentable (SqFt) 36,300
Units 274
Occupancy 73.3%
Pro-Forma Cap Rate 8.01%
Pro-Forma NOI $212,303
Price per SqFt $73
Broker Co-Op Yes
Class B
Year Built 1997
Buildings 10
Stories 1
Acreage 2.370
Investment Type Value Add

$2,650,000 | 36,300 SF Value Add Storage | Jonesboro, AR

Marketing description

OFFERING WEBSITE: https://tinyurl.com/5fxxz7u9

Colliers is pleased to present Four Seasons Storage of Jonesboro, an exceptional self-storage investment opportunity located at 4214 Access Road in Jonesboro, Arkansas. This well-positioned facility benefits from prime visibility along the highly trafficked Joe N Martin Expressway and offers 36,300 RSF across 274 units within ten single-story, drive-up buildings on approximately 2.37 acres.

Jonesboro is one of Arkansas' fastest-growing cities, with a population exceeding 80,000 and a metro area surpassing 135,000. The region boasts a robust economy driven by key industries such as healthcare, education, and manufacturing, with major employers including St. Bernards Healthcare, NEA Baptist Memorial Hospital, Arkansas State University, and Hytrol Conveyor Company. The 5-mile trade area surrounding the facility is home to 67,950 residents, reflecting a 41.4% population increase since 2000, with projected annual growth exceeding 1%. Additionally, 66.3% of nearby housing units are renter-occupied, making the immediate area highly favorable for self-storage demand.

Four Seasons Storage is priced at $2,650,000, representing a stabilized 8.0% cap rate and just $73.00 per square foot. This well-maintained asset provides a stable historical operating performance, with significant financial upside available through strategic revenue management and operational improvement. Jonesboro’s expanding population, business-friendly environment, and proximity to Arkansas State University and major employers position this facility as a resilient, high-yield investment with long-term growth potential.

Investment highlights

  • Premier Location & Visibility – High-traffic site along Joe N Martin Expressway (28,000 VPD), providing excellent accessibility and exposure in the rapidly growing Jonesboro market.

  • High-Demand Market – 5-mile trade area with nearly 68,000 residents, 66% renter-occupied housing, and a population growth of 41.4% since 2000, ensuring strong self-storage demand.

  • Thriving Economic Hub – Home to major employers like St. Bernards Healthcare, NEA Baptist Memorial Hospital, Arkansas State University, and Hytrol Conveyor Company, supporting a stable, expanding workforce.

  • Proven Performance & Growth Potential – Well-maintained facility with a strong track record of occupancy and revenue, plus additional upside through improved revenue management strategies.

  • Attractive Investment Metrics – Priced at $2,650,000 with a 8.0% stabilized cap rate and competitive $73.00 per square foot, offering strong cash flow and long-term value.

  • Resilient, Recession-Proof Asset – Self-storage remains a high-performing asset class, benefiting from economic cycles, life transitions, and growing demand from businesses and residents alike.

Listing Contacts

Colliers - Nashville, Tennessee
Listed by Colliers - Nashville, Tennessee

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