2402 Phillips Dr Under Contract Save Request In-Person Tour Request Virtual Tour
Jonesboro,AR 72401
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Under Contract
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $90
Subdivision Das Replat
MLS Listing ID 25011219
Year Built 1993
Tax Year 2024
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Building and Land
Property Description
This prime commercial property, positioned in the heart of Jonesboro's Hospitality District, is now available for sale at $675,000 and offers a lease opportunity for 2,500 SF at $8/SF NNN. The 7,500 SF building sits on 0.45 acres, featuring 16 parking spaces and excellent exposure with high daily traffic counts. Strategically located between major I-555 exits, this property is surrounded by a mix of local, regional, and national businesses in retail, service, and hospitality. It benefits from significant visibility and accessibility, with 5,700 CPD on Phillips Dr, 24,000 CPD on S Caraway Rd, and 29,000 CPD on Red Wolf Blvd. The property has an active lease, ensuring immediate income for potential buyers. This is an excellent investment or leasing opportunity in a highly desirable commercial corridor.
Location
State AR
County Craighead
Area Jonesboro J
Exterior
Garage Spaces 16.0
Building
New Construction No