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Proposed 7,020 SF Township Retail Center Corner of Fair Park Blvd. & Parkwood Dr 1,755 - 7,020 SF of Retail Space Available in Jonesboro, AR 72401
HIGHLIGHTS
- PROPOSED High-Profile 7,020 SF Retail Strip Center in Center of Retail Trade Area
- Flexible Square Footage Accommodations - 1,755 SF up to 7,020 SF
- RARE Leasing Opportunity within Joneboro's Main Retail Trade Area
- Surrounded by National Retailers, Restaurants, & Service Providers including Academy Sports, Panera Bread, & Aspen Dental
- Spaces Will Be Delivered in Cold-Dark Shell Condition with Negotiable Tenant Allowance
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,755-7,020 SF | Negotiable | $40.00 /SF/YR $3.33 /SF/MO $430.56 /m²/YR $35.88 /m²/MO $23,400 /MO $280,800 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 7,020 SF | Gross Leasable Area | 7,020 SF |
| Min. Divisible | 1,755 SF | Parking Ratio | 7.41/1,000 SF |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 7,020 SF |
| Min. Divisible | 1,755 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,020 SF |
| Parking Ratio | 7.41/1,000 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
An exciting opportunity awaits in Jonesboro, Arkansas with a proposed high-profile 7,020 SF strip center located at the corner of Parkwood & Fair Park Blvd, just off Red Wolf Blvd. This prime location places the center at the heart of Jonesboro's main retail sector, which has been the focal point of the city's exponential growth over the last decade. This booming retail hub has attracted numerous renowned brands and businesses to the area, positioning the site among popular establishments such as Academy Sports, Cheddar's Casual Cafe, Panera Bread, and more. Surrounded by a vibrant mix of restaurants, retailers, and service providers, the proposed center offers a promising opportunity for businesses looking to tap into this thriving market. The proposed retail center will offer approximately 7,020 SF of space, divided into four individual bays of 1,755 SF each. The flexible layout allows for customization to accommodate larger space requirements by combining multiple suites. Tenants can expect spaces delivered in cold-dark shell condition, with negotiable tenant improvement allowances to tailor the space to their needs. Securing brand-new retail space of this caliber in Jonesboro's current market is a rare find. The strategic location within the city's main retail trade area further enhances the allure of this opportunity, making it an attractive prospect for businesses seeking high visibility and traffic. Don't miss out on this chance to establish your presence in one of Jonesboro's premier retail destinations. Contact us now to explore how your business can be a part of this dynamic retail landscape at the proposed strip center on Parkwood & Fair Park Blvd.
NEARBY MAJOR RETAILERS
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Proposed 7,020 SF Township Retail Center | Corner of Fair Park Blvd. & Parkwood Dr
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