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Build to Suit 2809 E Highland Dr 7,000 - 29,000 SF of Retail Space Available in Jonesboro, AR 72401
HIGHLIGHTS
- A+ Location with Excellent Frontage & Exposure, Between 2 of the Largest Signalized Intersections in Jonesboro
- Access to Multiple Signals
- Multiple Lease Options to Fit the Needs of the User
- Surrounded by all Primary Trade in Jonesboro
- Extremely Rare Opportunity to be on Highland between Red Wolf & Caraway
- Surrounded by Multiple Retail Developments & the Largest Retailers in the City
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,500 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $15,750 /MO $189,000 /YR | Triple Net (NNN) | ||
| 1st Floor | 10,500 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $26,250 /MO $315,000 /YR | Triple Net (NNN) | ||
| 1st Floor | 7,000-8,000 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $484.38 /m²/YR $40.36 /m²/MO $30,000 /MO $360,000 /YR | Triple Net (NNN) |
2809 E Highland Dr - 1st Floor
Existing building is delivered “as-is”
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
2809 E Highland Dr - 1st Floor
- Existing building receives full renovation - Flexible SF needs - Drive-Thru Compatible - Tenant allowance available Renovation completion expected about 8-10 months following lease execution.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
2809 E Highland Dr - 1st Floor
- Located at Southern portion of the lot - Flexible SF needs - Space to be delivered in “cold dark shell” - Tenant allowance available
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 29,000 SF | Center Properties | 3 |
| Min. Divisible | 7,000 SF | Gross Leasable Area | 10,500 SF |
| Center Type | Strip Center | Total Land Area | 2.22 AC |
| Parking | 190 Spaces |
| Total Space Available | 29,000 SF |
| Min. Divisible | 7,000 SF |
| Center Type | Strip Center |
| Parking | 190 Spaces |
| Center Properties | 3 |
| Gross Leasable Area | 10,500 SF |
| Total Land Area | 2.22 AC |
ABOUT THE PROPERTY
This 2-acre site is located on Highland Drive, the primary cross street, sandwiched between two of the largest signalized intersections in Jonesboro. Sitting in the center of Jonesboro’s primary retail corridor, the site yields exposure to over 22,000 cars per day and is surrounded by high-traffic retail developments such as The Highlands Shopping Center (located across the street from the site), Highland Square Shopping Center, and The Uptown. National franchises continue to flock to this area, which most recently includes businesses such as Barnes & Noble, Coldstone Creamery, Milan Laser Hair Removal, Vitamin Shoppe, and Potbelly Sandwich Shop. This property rests within a 5-mile radius of the largest national retailers in the city: Walmart, Kroger, Sam’s Club, and Target.
NEARBY MAJOR RETAILERS
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Build to Suit | 2809 E Highland Dr
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