This fully-occupied, three-tenant retail center at 405 Southwest Dr is anchored by a solid mix of national and regional tenants with a long history of occupancy at the site. The regional restaurant tenant recently executed a long-term, absolute triple net lease renewal, reinforcing the center's stability and income durability. The property features drive-through windows on both end caps and a tall, multi-tenant pole sign fronting the highway for maximum visibility. With traffic counts of approximately 22,000 VPD on Southwest Dr and affordable in-place rents, this asset will always be attractive to future tenants seeking a high-exposure location with excellent access. This is a compelling opportunity for an investor seeking dependable, long-term income backed by proven tenant retention.
Listed By
Agency Name: Lindsey & Associates Inc
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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405 Southwest Drive | MLS# 1354979
This commercial property located at 405 Southwest Drive , Jonesboro, AR 72401 is currently listed for sale with an asking price of $967,000. Search Jonesboro real estate on www.clhomes.com today.