Redevelopment Opportunity 2405 Stadium Boulevard Jonesboro AR

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Brett Collins
5 years ago
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Race Street Fair Park Boulevard Lot 2 11,000 Cars/Day Red Wolf Boulevard

2016 Population 5,453 44,248 71,314 2016 Median Income $27,976 $34,927

$15,862 $21,724 $24,315 Total Housing Units 2,355 19,622 30,343

Jr., CCIM, CRB, SIOR jerry.halsey@hthcre.

C-3 Traffic Counts: 34,000 Cars Per Day (2015 Traffic Count) (870) 972-9191

com The information contained herein has been given to us by the owner of

1 Race Street Fair Park Boulevard Lot 2 11,000 Cars/Day Red Wolf Boulevard 34,000 Cars/Day Lot Site Demographic Snapshot 1 mile 3 miles 5 miles 2016 Population 5,453 44,248 71, Median Income $27,976 $34,927 $39,591 Average Household Income $39,271 $51,081 $59,998 Per Capita Income $15,862 $21,724 $24,315 Total Housing Units 2,355 19,622 30,343 Redevelopment Opportunity 2405 Stadium Boulevard Jonesboro AR Jerry Halsey, Jr., CCIM, CRB, SIOR jerry.halsey@hthcre.com (870) Stadium Boulevard Lot 1 Lot 2 Price: $1,100,000 $2,795,000 Lot Size: 1.26+/- Acres 7.16+/- Acres Property Type: Land Property Sub-type: Commercial lot Zoning: C-3 Traffic Counts: 34,000 Cars Per Day (2015 Traffic Count) (870) South Caraway Jonesboro, AR The information contained herein has been given to us by the owner of the property of other sources we deem reliable, we have no reason to doubt it s accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

Subject Property Information Highland Drive 22,000 Cars/Day South Caraway

Cars/Day Lot 2 Lot 1 Temple Baptist Church is looking for a new neighbor

26+/- acres with 220 feet of Red Wolf Boulevard frontage o ering excellent

Lot 2 is situated at the corner of Race Street and Fair Park Boulevard and

This lot can be subdivided to fit your needs.

2 Subject Property Information Highland Drive 22,000 Cars/Day South Caraway Road 22,000 Cars/Day Race Street 11,000 Cars/Day Red Wolf Boulevard 34,000 Cars/Day Lot 2 Lot 1 Temple Baptist Church is looking for a new neighbor with two lots currently available. Lot 1 contains approximately 1.26+/- acres with 220 feet of Red Wolf Boulevard frontage o ering excellent visibility and accessibility to 34,000/cpd. Lot 2 is situated at the corner of Race Street and Fair Park Boulevard and contains approximately 7.16+/-acres. This lot can be subdivided to fit your needs. This property sits in the heart of a hotbed of commercial development activity. Since 2006, this stretch of Redwolf Boulevard from Phillips Drive to Stallings Lane has developed ten-fold which has continued to make this property more valuable. Also, The Mall at Turtle Creek is located about a half mile away which provides a large regional draw to the area.

3 Survey of Subject Property Zoning Map Lot 1 Lot 2 This property is zoned C-3. C-3 Zoning - General Commercial District - The purpose of this district is to provide appropriate locations for commercial and retail uses which are convenient and serve the needs of the traveling public. The district also provides locations for limited amounts of merchandise, equipment and material being offered for retail sale that are more suitable for storage and display outside the confines of an enclosed structure. Appropriate locations for this district are along heavily traveled arterial streets. Development of groupings of facilities shall be encouraged, as opposed to less desirable strip commercial.

4 Aerial of Subject Property and Surrounding Businesses PENDING

5 Red Wolf Boulevard Retail List

6 Jonesboro Top Employers

7 Executive Summary - 1, 3, 5 Mile Radius

Jonesboro Traffic Counts Fairpark Blvd. Tenants Highway 49 / Red Wolf Blvd.

Jos. A Bank Body Central Charlotte Russe Chico s Christopher & Banks Coldwater Creeks Dress Barn Francesca s Lane Bryant/Cacique Maurices Versona Vanity Victoria s Secret

Gordon s Jewelers Zales Bed Bath & Beyond Best Buy Best Buy Mobile Game Stop Radio Shack Barne s and Noble Petty s Hallmark Liberty Bank ArtBeat Kiosk Build-A-Bear Claire s

Lids Spencer s Sportsman s Trail Sunglass Hut Things Remembered Toy Castle Wireless Accessories I nte Mall at Turtle Creek Tenants Caraway Road South Main Street Lowes

Panera Bread Focus Bank First National Bank Arby s Ima s Jonesboro Cycle & ATV 32,000 rs tat e5 55 19,000 Highway 18 / Highland Drive Highway 18 / Highland Drive 30,000 riv e

8 Jonesboro Traffic Counts Fairpark Blvd. Tenants Highway 49 / Red Wolf Blvd. Dillard s JCPenney Target Aeropostale American Eagle Outfitters Buckle Express Gap Hollister Hot Topic Houndstooth Rue 21 babygap The Children s Place Crazy 8 GapKids Justice Jos. A Bank Body Central Charlotte Russe Chico s Christopher & Banks Coldwater Creeks Dress Barn Francesca s Lane Bryant/Cacique Maurices Versona Vanity Victoria s Secret Finish Line Gearhead Outfitters Hibbett Sports Journey s Paul s Shoes Payless Shoe Source The Shoe Dept. Gordon s Jewelers Zales Bed Bath & Beyond Best Buy Best Buy Mobile Game Stop Radio Shack Barne s and Noble Petty s Hallmark Liberty Bank ArtBeat Kiosk Build-A-Bear Claire s Earthbound Trading Jeebs Cellphone Acc. Lids Spencer s Sportsman s Trail Sunglass Hut Things Remembered Toy Castle Wireless Accessories I nte Mall at Turtle Creek Tenants Caraway Road South Main Street Lowes Academy Sports Khol s Starbucks Men s Warehouse Refinery Q doba Everyday Chef Sissy s Log Cabin Terryaki Madness Massage Therapy Bancorp South US Postal Service Cheddar s Panera Bread Focus Bank First National Bank Arby s Ima s Jonesboro Cycle & ATV 32,000 rs tat e ,000 Highway 18 / Highland Drive Highway 18 / Highland Drive 30,000 riv e 9,800 s o ad 22,000 I-555 Race Street entre ark Caraway Road Browns Lane td ri Har S bu rg R Culberhouse ris bu rg R r oad S ou th 22,000 13,000 13,000 Ha D st we 30,000 Phillips Drive I ,000 e riv 22,000 Fairpark Blvd s we h ut ou 15,000 18,000 Bath & Body Works Elite Eyecare & Optical GNC Lee Nails & Spa MasterCuts Merle Norman Perfume Max Regis Salon Trade Secret Auntie Anne s Baskin-Robbins Candy Craze Elaines Cinnabon Great American Cookie Steak Escape Subway *Chuck E. Cheese

Jonesboro, Arkansas Information ABOUT THE AREA Centennial Bank

markets, including America s Distribution Center, Memphis,

Jonesboro provides a positive business environment with a

A well qualified workforce, low cost utilities, the training

of doing business are just a few reasons why many companies are

In addition, the quality of life is exceptional, with a

abundant retail opportunities and numerous recreational and

NEA Baptist Memorial Hospital ANNUAL INCOME Estimated median

$41,264 Estimated per capita income in 2015: $23,840 Mall at

9 Jonesboro, Arkansas Information ABOUT THE AREA Centennial Bank Stadium Arkansas State University Jonesboro is a city of distinction in Northeast Arkansas. We are the 5th largest city in Arkansas, with a population of over 67,000. Our Metropolitan Statistical Area (MSA) is over 120,000 with a Trade Area of over 500,000. Jonesboro is centrally located with easy access to other major markets, including America s Distribution Center, Memphis, Tennessee. Jonesboro provides a positive business environment with a diversified economic foundation. A well qualified workforce, low cost utilities, the training capabilities of Arkansas State University and an overall low cost of doing business are just a few reasons why many companies are proud to call Jonesboro home. In addition, the quality of life is exceptional, with a high-quality educational system, excellent healthcare facilities, abundant retail opportunities and numerous recreational and cultural activities available. NEA Baptist Memorial Hospital ANNUAL INCOME Estimated median household income in 2015: $40,583 Jonesboro Arkansas $40,583 $41,264 Estimated per capita income in 2015: $23,840 Mall at Turtle Creek 2015 DEMOGRAPHICS St. Bernards Regional Medical Center Population Pop. Density Pop. Change Median Age Households Household Size Male Population Female Population Married Population Single Population Jonesboro, AR 73, % , % 51.50% 46.72% 53.28% table information found at Downtown Jonesboro - Veteran s Memorial Mayor Harold Perrin

Subject Property. Former Holiday Inn For Sale 3006 South Caraway Road Jonesboro AR

Subject Property. Former Holiday Inn For Sale 3006 South Caraway Road Jonesboro AR 34,000 Cars/Day 23,000 Cars/Day entre ark Phillips Drive 34,000 Cars/Day 34,000 Cars/Day Red Wolf Blvd Browns Lane Access Road South Caraway Road Subject Property Former Holiday Inn For Sale 3006 South