4204 Southwest Drive

Description

Coldwell Banker Commercial - VC is pleased to present 4204 South- west Drive, Jonesboro, AR 72404, to the market. The property encompasses approximately 8.46 AC with frontage along Southwest Drive (U.S. Highway 49), one of Jonesboro's fastest-growing commercial corridors. Located nearby are the 175-acre Southern Hills mixed-use development and The Shops at Parker, both of which are contributing to the area's rapid growth and further demonstrating the strong demand for continued commercial development along the corridor. The asset features a state-of-the-art +/- 12,500 square foot heated and cooled warehouse with office space that is currently 68% leased to Marmic Fire & Safety. Marmic Fire & Safety operates in 20 states with more than 50 locations across the United States, providing investors with an established tenancy and income stream. The warehouse is fully fire sprinklered and designed to accommodate a variety of industrial and commercial uses. Additionally, the property includes a single-family residence located at the rear of the site that will be subject to a leaseback agreement with the current owner.