South Culberhouse Jonesboro, AR 72404

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1 South Culberhouse Jonesboro, AR 72404

2 FOR SALE Best Residential Development Site in Valley View OFFERING ACRES 1,318,561 SF $0.46 PSF $605,400 Within the Jonesboro City Limits Jonesboro Trade Area Primary Secondary Tertiary Total Opportunity Overview Frontage on South Culberhouse Located Directly Across the Street from Craighead Forest State Park In Close Proximity to Valley View School Campus Within the Most Sought After School District in Northeast Arkansas Near Layman Crest and Dunwoody Developments This May be the Most Beautiful and Developable Residential Real Estate Site in the Valley View Schhol District JOSHUA BROWN, CCIM Principal GREG HAAG, CCIM Principal CONNECT LINKS LoopNet OFFICE efax Browns Lane, Jonesboro, AR

3 Layman Crest Dunwoody DRIVE ACRES SITE AERIAL

4 Residential Districts General Description: There are eight (8) residential districts designed to meet present and future housing needs; to protect the charter of, and property values in, residential areas; to encourage a suitable environment for family life; and to provide choice in density, as well as in type of housing. More specific descriptions of two(2) of these districts follows.. (4) R-1 Single-Family Medium Density District. The purpose of this district is to provide for a higher population density, but with basic restrictions similar to the R-O district. This zone is intended for application in areas of medium sized lots which are or will soon be served by municipal water and sanitary sewer service. (5) R-1A Single-Family High Density District. This district is to provide for a slightly higher density and a greater diversity of housing type, but with restrictions similar to the R-1 district. It is intended for application in areas in which municipal water and sanitary sewer services are available. Zoning Map

5 VALLEY VIEW SCHOOL DISTRICT MISSION STATEMENT: The mission of the Valley View School is to maintain a caring, safe, effective, and disciplined environment that is conducive to learning and maximum achievement. The school climate will promote opportunities that encourage self-esteem, a personal commitment to accepting responsibility, and higher order thinking skills, which are the ability to communicate, reason, and solve relevant problems. These characteristics prepare all students to function as productive citizens. EXCELLENCE IN EDUCATION FOR ALL STUDENTS IS OUR GOAL. Valley View Public Schools provide an excellent learning environment for students. New construction is underway of a 169,000 square foot high school, which will include 30 academic classrooms, four classrooms for the arts, five special education spaces and workforce development space. It will highlight modern classroom technology and modern science lab equipment and will have a 2,200 seat gymnasium. Valley View offers advanced placement classes for students, providing opportunities for college credit. Valley View Pictures & Construction by Nabholz

6 Site location Retail trade area Jonesboro,, ARKANSAS

7 Jonesboro Trade area Map 10 MI 87,213 53,756 33, MI 136,553 $50,346 53, MI 360,110 $46, ,525 his M 63 ck s mp ro ile Me ile s Li t e tl 2M 13 SITE DEMOGRAPHICS Pop HH Income Total No. of HH Miles to major cities: Memphis: 63 Little Rock: 132 St. Louis: 271 Nashville: 274 Atlanta: 448 Dallas: 453 Chicago: 519 Houston: 577

8 Arkansas Business awarded Jonesboro the City of Distinction Award for Main Street Preservation (2012) and for Workforce Development (2011) among cities of over 20,000 in the State of Arkansas. Source: Arkansas Business August 2012 and 2011 Jonesboro ranked #17 on Area Development magazine s recent list of Top 20 Southern Cities. The magazine ranked 365 MSAs across 23 economic and workforce indicators to determine the rankings. Source: Area Development Site and Facility Planning, Leading Locations 2012, June JONESBORO SPOTLIGHT Forbes Magazine ranked the Jonesboro MSA consisting of Craighead and Poinsett counties No. 43 overall among the Best Small Places for Business and Careers out of 184 MSAs under 250,000 population across the United States. Source: Forbes Magazine June 2012 Jonesboro recently ranked 9th in the nation on the Best Cities for Cheapskates! Kiplinger and Yahoo Finance looked for metropolitan areas with low living costs and high incomes relative to those costs; along with places that offer free, or nearly free, things to do. The dollar stretches further in Jonesboro! Source: Kiplinger and Yahoo Finance, May Jonesboro is a great place to live, and the community s cost of living is currently 88.8 percent of the national average. Source: Council for Community and Economic Research, Annual Report The Next Silicon Valley Craighead County was selected as #1 in the nation for smaller communities that have the potential to serve technology companies. Criteria considered included demographics, workforce, university and percentage of fiber. Source: Business Insider October 24, 2011 The editors of U.S. News and World Report ranked Arkansas State University as a Tier 1 Southern regional college (Arkansas Best Colleges edition. Source: U.S. News and World Report September 2011 and Jonesboro led all Metropolitan Statistical Areas in the state in personal income growth for 2010 and was 25th highest in the nation. Jonesboro s personal income grew by 5.1% from 2009, the state by 1.8% and the nation at 2.9%. Source: U.S. Bureau of Economic Analysis August 2011 Jonesboro s was one of the fastest growing cities in the state from , with an increase in population of 21.2%. Jonesboro s population in 2000 was 55,515 and in 2010 it was 67,263. Source: U.S. Census Bureau Jonesboro was the only Metropolitan Statistical Area (MSA) in the state that experienced positive job growth from December 2007 October 2010.

9 SUMMARY Haag Brown Commercial Principal Clients &/or Projects Represented Academy Sports Arkansas State University Autowash Partners BNSF Railroad Buffalo Wild Wings Cheddars Casual Cafe Cinema Management Group CWL Jonesboro Dairy Queen Diet Center Dollar General Joshua h. brown, ccim Families Inc. Fazoli s Five Guys Burgers Hugg & Hall Kirkland s Home Furnishings Longhorn Steakhouse Mattress Firm Men s Wearhouse Murphy Oil Nabholz Real Estate Clinic NEA Baptist Clinic Each of you should look not only to your own interest, but also to the interest of others. - Philippians 2:4 Joshua Brown serves as the co-owner & Executive Broker of Haag Brown Commercial Real Estate & Development, the largest, most trusted, and most technologically advanced commercial brokerage firm in Northeast Arkansas. Joshua also serves as a Principal in Haag Brown Development, which has developed numerous high profile retail properties. Joshua has received numerous coveted business awards including The New Influentials, 20 in Their 20 s, Arkansas Business 40 Under 40, and his company was named a finalist for Arkansas Business Small Business of the Year in Joshua has been appointed to the Jonesboro Vision 2030 Comprehensive Planning Advisory Commission, and serves on numerous boards in Northeast Arkansas for NEA Baptist Clinic, the Chamber of Commerce, and Arkansas State University. Joshua has been on mission trips all over the world with his local church, Central Baptist in Jonesboro, Arkansas. His most recent adventures have taken him to Dubai, UAE, to serve in labor camps, and to Assam, India to serve unreached villages needing wells. Joshua can seldom be found too far from his wife Britni, his daughter Alex, and his son Lincoln. Joshua places his faith first, his family second, and his work third, but that does not keep him from always being situated at the top of the commercial real estate industry. There are three CCIM s in the Jonesboro trade area. Joshua and his partner, Greg Haag make up two thirds of that group, which helps make Haag Brown Commercial the most qualified in the region to assist clients with retail & office leasing, tenant representation, and acquisition & disposition of investment properties and land. O Reilly Auto Parts Panera Bread Plato s Closet Quality Suites Hotel Red Lobster Ritter Communications Sai s Thai Restaurant San Francisco Bread Co. Sissy s Log Cabin Starbucks, Super 8 Hotel Uppercurst Pizza EDUCATION -Arkansas State University, B.A. in Political Science, minor in Criminology, Certified Commercial Investment Member, CCIM, designation awarded in 2010 ACHIEVEMENTS 2012 Arkansas Business Small Business of the Year Finalist 2011 Arkansas Business 40 Under 40 Recipient (Youngest Member of the Class) 2010 Northeast Arkansas Business Today Outstanding Young Executive 2009 Arkansas Business The New Influentials, 20 in Their 20s Board of Realtors Diamond Award of Excellence (top overall volume each year) Affiliations & Designations Certified Commercial Investment Member, CCIM International Council of Shopping Centers, ICSC Leadership Jonesboro Class of 2009 Jonesboro Regional Chamber of Commerce Member of Jonesboro Unlimited Arkansas Association of Realtors & National Association of Realtors The Community Advisory Committee for the NEA Baptist Charitable Foundation President of the NEA Duck Classic Sponsorship Committee Downtown Jonesboro Association Vision 2030 Committee for the City of Jonesboro Member of Central Baptist Church Dubai of United Arab Emirates Mission Trip October 2011 Assam, India Mission Team February 2009 Significant Transactions Academy Sports Acre Retail Development in Jonesboro, AR Buffalo Wild Wings - Site selection in Conway, Fort Smith, North Little Rock, AR & Norman, Cheddar s Casual Cafe - 2 Acre Restaurant Site in Jonesboro, AR Five Guys Burgers & Plato s Closet Development - Stadium Boulevard in Jonesboro, AR Hugg & Hall, site location, warehouse in Jonesboro, AR Kirkland s Acre Site on Highland Drive Across from the Mall At Turtle Creek in Jonesboro Longhorn Steakhouse Acre Restaurant Development on Stadium in Jonesboro, AR Mattress Firm Acre Retail Development Site on Stadium in Jonesboro, AR Murphy Oil, USA, Inc., site location,.94 acres of Creek Place Development in Jonesboro, AR NEA Baptist Clinic - Disposition of a portfolio of (6) Medical Office Buildings in Jonesboro, AR Panera Bread - 1 Acre Restaurant at Fairgrounds Re-Development Site on Stadium, Jonesboro, AR Qdoba - 2,550 SF in New Retail Center at the Fairgrounds Re-Development - Stadium, Jonesboro, AR Red Lobster Acre Restaurant Development on Stadium in Jonesboro, AR Ritter Corporate Headquarters - 7+/- acres in Jonesboro, AR Schlotzsky s - 3,000 SF in New Retail Center at the Creek Place Development - Stadium, Jonesboro, AR Sissy s Log Cabin - 1 Acre Site at Fairgrounds Re-Development on Stadium, Jonesboro, AR Starbucks, Men s Wearhouse Development Acre Retail Project on Stadium in Jonesboro, AR Waddell, Cole & Jones, P.A ,000 SF, 12 Year Lease in Jonesboro, AR OFFICE efax Browns Lane, Jonesboro, AR josh@haagbrown.com

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