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2402 Phillips Drive

Jonesboro, AR 72401
  • $5,000
  • STATUS: Active
  • ON SITE: 51 Days
  • MLS #: 10120705
UPDATED: 79 min ago
$5,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,500
    SQFT
  • $1
    $/SQFT
Neighborhood:
J
Type:
Commercial-Lease
County:
Area:
J

School Ratings & Info

Description

This prime commercial property, positioned in the heart of Jonesboro's Hospitality District, is now available for sale at $675,000 and offers a lease opportunity for 2,500 SF at $8/SF NNN. The 7,500 SF building sits on 0.45 acres, featuring 16 parking spaces and excellent exposure with high daily traffic counts. Strategically located between major I-555 exits, this property is surrounded by a mix of local, regional, and national businesses in retail, service, and hospitality. It benefits from significant visibility and accessibility, with 5,700 CPD on Phillips Dr, 24,000 CPD on S Caraway Rd, and 29,000 CPD on Red Wolf Blvd. The property has an active lease, ensuring immediate income for potential buyers. This is an excellent investment or leasing opportunity in a highly desirable commercial corridor.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2025 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/161753171
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2402 Phillips Drive Jonesboro, AR 72401

  • Price: $5,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 79 min ago
  • MLS #: 10120705
0
Beds
0
Baths
0
½ Baths
0.45
Acres
7,500
SQFT
$1
$/SQFT
Neighborhood:
J
County:
Craighead
Area:
J
Property Description
This prime commercial property, positioned in the heart of Jonesboro's Hospitality District, is now available for sale at $675,000 and offers a lease opportunity for 2,500 SF at $8/SF NNN. The 7,500 SF building sits on 0.45 acres, featuring 16 parking spaces and excellent exposure with high daily traffic counts. Strategically located between major I-555 exits, this property is surrounded by a mix of local, regional, and national businesses in retail, service, and hospitality. It benefits from significant visibility and accessibility, with 5,700 CPD on Phillips Dr, 24,000 CPD on S Caraway Rd, and 29,000 CPD on Red Wolf Blvd. The property has an active lease, ensuring immediate income for potential buyers. This is an excellent investment or leasing opportunity in a highly desirable commercial corridor.
Exterior Features

Exterior BrickMetal Siding Foundation Features Concrete Slab Linear Feet Of Road Frontage 0 Loading Dock Ground Level Number Of Parking Spaces 16 Parking Types AsphaltLightedOn SiteShared Roof Metal

Interior Features

1st Unit Sq Ft 0.00 2nd Unit Sq Ft 0.00 3rd Unit Sq Ft 0.00 4th Unit Sq Ft 0.00 Wall Height 15 ft - 16 ft

Property Features

1st Unit Rent 0 2nd Unit Rent 0 3rd Unit Rent 0 4th Unit Rent 0 Agent Owned No Annual Expense 0 Builder Owned No Business Type Retail/Service Documents On File Aerial Photo Fips Code 31 Flood Zone No Lease Info NNN Lease Term In Years 0 Lease Type Net Minimum Lease Yrs 0 Number Of Tenant 0 Number Of Tenants 0 Occupant Type Vacant Possession Subject to Lease Property Subtype1 Retail Security Deposit 0 Tax Year 0 Taxes 0 Transaction Type Sale

Listing information © 2025 Jonesboro Board of REALTORS® MLS.
Listing provided by Halsey Thrasher Harpole Real Estate Group: 870-972-9191.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2025 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Thrasher Harpole Real Estate Group
301 W Washington
Jonesboro AR, 72401