Listed by Dalrymple Commercial
$6,500,000
Arkansas Auto Dealer Exchange
Details
Property Type Industrial, Mixed Use
Sub Type Auto Shop, Distribution
Square Footage 24,780
Net Rentable (SqFt) 24,780
Tenancy Single
Lease Type Gross
Broker Co-Op Yes
Class C
Year Built 2013
Buildings 2
Stories 2
Acreage 21.000
Zoning Commercial
Dock High Doors 6
Ownership Single
Industrial & flex space | 24,780 SqFt
Marketing description
The property consists of 24,870 sq ft of gross leasable space on 21.79 acres of land featuring renovated offices and a fenced truck court.
■ Perfect for bringing all operations under one site, the first building consists of 6,637 SF of office space and 8,363 SF of warehouse flex. The second building has 1,303 SF of office space and 8,567 SF of warehouse space. sq.ft.
■ Major Automotive Retailers Nearby
The section of Stadium Boulevard where the property is located is a hub for automotive sales, often referred to as "Auto Row." This creates a significant draw for customers in the market for new or used vehicles. Notable automotive retailers in the immediate vicinity include Chevrolet, Toyota, Fletcher Dodge Chrysler Jeep Ram, and Honda of Jonesboro:
AutoZone: A new 20,000-square-foot regional hub is being developed at the corner of S. Stadium Blvd and Rook Rd, further solidifying the area's identity as a prime automotive destination.
Key Market Drivers:
Regional Hub Status: Jonesboro serves a trade area of over 500,000 people from Northeast Arkansas and Southeast Missouri. This makes it the undisputed center for healthcare, retail, and professional services in the region, pulling in significant outside revenue.
Economic Anchors (Meds & Eds): The presence of Arkansas State University, St. Bernards Healthcare and NEA Baptist Health System create a recession-resistant foundation. These institutions are not only the largest employers but also magnets for ancillary businesses, talent, and population growth.
Investment highlights
Jonesboro, Arkansas: A Commercial Real Estate Market Analysis
Jonesboro stands out as a strong tertiary market and the primary economic
engine for Northeast Arkansas. For commercial real estate investors and
developers, it presents a compelling case due to its stable, diversified economy
and consistent growth. Unlike many markets its size that rely on a single
industry, Jonesboro is anchored by the "meds and eds" sectors, providing a
resilient demand base
Listing Contacts
Listed by Dalrymple Commercial
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