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					6,600 SF Medical/Office Building @ Hilltop 3637 E Johnson Ave 6,600 SF Office Building Jonesboro, AR 72401 $1,600,000 ($242.42/SF)



 
                                
            INVESTMENT HIGHLIGHTS
- Flexible Use: Retail / Medical / Office
- Located Between Arkansas State University & NEA Baptist Hospital
- Available For Lease (3,600 SF) & For Sale
- Exposure to 20,000+ Cars Per Day
- Surrounded by New Development
- Recently Renovated with New Roof & Exterior Paint
EXECUTIVE SUMMARY
            
This development sits along Highway 49 North and is adjacent to Bill’s Fresh Market and across the road from a new proposed development that will include Tommy’s Car Wash among others. The property consists of a 6,600 SF building with 3,600 SF being available for lease that can be built out to Tenant requirements. The site — located between the signalized intersections of Highway 49/Highway 351 and Highway 49/Airport Road, is less than 0.9 miles from the new $500M+ NEA Baptist Healthcare system campus and less than 2 miles to Arkansas State University — has exposure to over 32,000 cars per day.
The remaining 3,600 SF is available for lease at $18 PSF NNN
    The remaining 3,600 SF is available for lease at $18 PSF NNN
PROPERTY FACTS
											Sale Type
										
										
												Investment
											
										
											Property Type
										
										
												Office
											
										
											Property Subtype
										
										
												Medical
											
										
											Building Size
										
										
												6,600 SF
											
										
											Building Class
										
										
												B
											
										
											Year Built
										
										
												2015
											
										
											Price
										
										
												$1,600,000
											
										
											Price Per SF
										
										
												$242.42
											
										
											Tenancy
										
										
												Multiple
											
										
											Building Height
										
										
												1 Story
											
										
											Typical Floor Size
										
										
												3,600 SF
											
										
											Building FAR
										
										
												0.19
											
										
											Lot Size
										
										
												0.80 AC
											
										
							Zoning
						
								
												C-3 LUO
											
								
							Parking
						
								
												35 Spaces (9.72 Spaces per 1,000 SF Leased)
											
								MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Ideal Options
- Health Care and Social Assistance
- 3,000 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ideal Options | Health Care and Social Assistance | 3,000 SF | - | - | 
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Space can be built out to meet specific Tenant needs with agreeable lease term & economics
| Space | Size | Space Use | Condition | Available | 
| 1st Fl-Ste B | 3,600 SF | Office/Medical | Spec Suite | Now | 
1st Fl-Ste B
| Size | 
| 3,600 SF | 
| Space Use | 
| Office/Medical | 
| Condition | 
| Spec Suite | 
| Available | 
| Now | 
1st Fl-Ste B
| Size | 3,600 SF | 
| Space Use | Office/Medical | 
| Condition | Spec Suite | 
| Available | Now | 
Space can be built out to meet specific Tenant needs with agreeable lease term & economics
PROPERTY TAXES
| Parcel Number | 01-144102-01200 | Improvements Assessment | $128,593 | 
| Land Assessment | $50,007 | Total Assessment | $178,600 | 
PROPERTY TAXES
						Parcel Number
					
                    
01-144102-01200					
                    
						Land Assessment
					
                    
$50,007					
                    
						Improvements Assessment
					
                    
$128,593					
                    
						Total Assessment
					
                    
$178,600					
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6,600 SF Medical/Office Building @ Hilltop | 3637 E Johnson Ave
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