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111 E Huntington

Jonesboro, AR 72401
  • $500,750
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 10095224
$500,750
  • 0
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 4,371
    SQFT
  • $115
    $/SQFT
Neighborhood:
E
Type:
Commercial
County:
Area:
E

School Ratings & Info

Description

The subject property, Suite A of the Franklin Building, is a partner in the Horizontal Property Regime that consist of two additional suite owners of the partnership. This location is a hard corner, high traffic intersection of downtown Jonesboro, Arkansas that is home to mixed professional, government and entertainment services. The Jonesboro City Administration Office Building at 300 S. Church Street makes this location ideal for professional use. The current tenant provides banking services throughout the region. Attractive common entrance and lobby area is shared with the law firm of Langley, Lovett & Culpepper. Both convenient street and large public parking lot facility surrounding office building. In November 2013, all interior floor space was remodeled in to include beautifully decorated lobby, individual offices, conference room, kitchen and public bathroom facilities for current banking tenant. Current lease agreement with Evolve Bank shall be honored for duration of existing term, N-N lease. Tenant has First Right of Refusal to Lease at expiration of current agreement in place. Master Deed, Lease document, Owners P&L to be provided on request. The office of Langley, Lovett & Culpepper has First Right of Refusal to Purchase per Master Deed Agreement.

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© 2021 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/121479281
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111 E Huntington Jonesboro, AR 72401

  • Price: $500,750
  • Status: Active
  • MLS #: 10095224
0
Beds
2
Baths
0
½ Baths
N/A
Acres
4,371
SQFT
$115
$/SQFT
Neighborhood:
E
County:
Craighead
Area:
E
Property Description
The subject property, Suite A of the Franklin Building, is a partner in the Horizontal Property Regime that consist of two additional suite owners of the partnership. This location is a hard corner, high traffic intersection of downtown Jonesboro, Arkansas that is home to mixed professional, government and entertainment services. The Jonesboro City Administration Office Building at 300 S. Church Street makes this location ideal for professional use. The current tenant provides banking services throughout the region. Attractive common entrance and lobby area is shared with the law firm of Langley, Lovett & Culpepper. Both convenient street and large public parking lot facility surrounding office building. In November 2013, all interior floor space was remodeled in to include beautifully decorated lobby, individual offices, conference room, kitchen and public bathroom facilities for current banking tenant. Current lease agreement with Evolve Bank shall be honored for duration of existing term, N-N lease. Tenant has First Right of Refusal to Lease at expiration of current agreement in place. Master Deed, Lease document, Owners P&L to be provided on request. The office of Langley, Lovett & Culpepper has First Right of Refusal to Purchase per Master Deed Agreement.
Exterior Features

Exterior Brick Foundation Features Concrete Slab Linear Feet Of Road Frontage 0 Loading Dock None Number Of Doors 0 Number Of Parking Spaces 0 Parking Types Mun. Free NearOn Street Road Frontage Yes

Interior Features

1st Unit Sq Ft 4371.15 2nd Unit Sq Ft 0.00 3rd Unit Sq Ft 0.00 Cooling Features Central AirGeothermal Features Break RoomConference RoomExterior LightingFire AlarmFire Sprinkler SystemHandicap AccessKitchen AreaPrivate RestroomsSecurity SystemSign: Building MountedStorage Heat Features Geothermal Wall Height 11 Ft - 12 Ft

Property Features

1st Unit Unit Number A Agent Owned No Annual Expense 330032 Auction No Builder Owned No Business Description Banking And Legal Complex Business Type CommercialMedical/DentalOfficeRetail/Service Current Business Features General CommercialOffice:ProfessionalOther/See Remarks Fips Code 31 Flood Zone No Lease Type Net Number Of Tenant 1 Number Of Tenants 1 Occupant Type Tenant Possession See Remarks Property Subtype1 Office Reo Property No Short Sale No Suggested Investor Prop Yes Tax Year 2020 Taxes 2789.00 Terms Cash Transaction Type Sale Utilities Features City WaterElectricSewer Zoning C-2

Listing information © 2021 Jonesboro Board of REALTORS® MLS.
Listing provided courtesy of Fcm Real Estate Services.

© 2021 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Thrasher Harpole Real Estate Group
301 W Washington
Jonesboro AR, 72401