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27920735
27920734

1330 S Caraway Rd, Jonesboro, AR 72401

LW
AR AR 00094849
Halsey Real Estate
TW
AR AR 00086756
Halsey Real Estate
JH
AR AR EB00036593
Halsey Real Estate
Listed by Halsey Real Estate
$5,000,000
223 days on market
Updated 12 days ago

1330 S Caraway Rd | Jonesboro, AR 72401

Details
APN 01-144212-06500
Property Type Retail
Sub Type Grocery Store, Pharmacy/Drug (+1)
Square Footage 14,590
Cap Rate 6.77%
NOI $338,586
Tenancy Single
Brand/Tenant Walgreens
Lease Type NNN
Lease Expiration 09/30/2031
Remaining Term 5.3
Price per SqFt $343
Year Built 2005
Buildings 1
Stories 1
Acreage 1.550
Zoning C-3
Parking Spaces 75 spaces
Parking Per SqFt 5.14
Tenant Credit Corporate Guarantee

Great Investment Opportunity! | Former Walgreens | Retail | 14,590 SqFt

Marketing description

Positioned at the high-traffic, signalized intersection of South Caraway Road and East Nettleton Avenue, this freestanding retail asset offers unmatched visibility in Jonesboro’s Primary Retail District. Built in 2005 with durable construction and modern design, the ±14,590 SF building sits on approximately 1.55 acres and features a convenient drive-thru window, ample parking, and multiple access points.

Zoned C-3, the property accommodates a wide range of commercial uses, from retail and restaurants to healthcare or service-oriented businesses. Surrounded by major retailers, restaurants, and dense daytime population, this location benefits from exceptional accessibility and strong consumer traffic.

With approximately $2 million remaining on the current lease, this offering presents a rare opportunity for investors seeking a well-positioned, income-producing property in one of Jonesboro’s most active commercial corridors.

Investment highlights

Freestanding retail building with excellent visibility on South Caraway Road and East Nettleton Avenue.

Situated on a corner lot at a busy, lighted intersection.

Built in 2005 with durable construction and modern design.

Zoned C-3, allowing for a wide range of commercial uses.

Ample parking, great accessibility, high visibility, and a convenient drive-thru window.

Valuable asset ideal for retail, medical, restaurant, or service-oriented use.

Listing Contacts

LW
AR AR 00094849
Halsey Real Estate
TW
AR AR 00086756
Halsey Real Estate
JH
AR AR EB00036593
Halsey Real Estate
Listed by Halsey Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$338,586.00
$28,215.50/mo

Valuation Metrics

0
DSCR
6.77%
Cap Rate
6.77%
ROI

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Additional Information

Name
Landon Wilson
License
AR 00094849
Brokerage Phone
8709729191
Brokerage Address
301 West Washington Avenue
Name
Taylor Wilson
License
AR 00086756
Brokerage Phone
8709729191
Brokerage Address
301 West Washington Avenue
Name
Jerry L. Halsey, Jr.
License
AR EB00036593
Brokerage Phone
8709729191
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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