2502 Stadium BlvdJonesboro, AR 72401

Property Details for 2502 Stadium Blvd

Lot size

0.53 AC

Property size (Sq ft)

5,352 SF

Property type

Office properties

Property subtype

Other office properties

Description

This exceptional mixed-use property, located at 2502 Stadium Blvd in Jonesboro, Arkansas, presents a compelling investment opportunity. The 5,352 square foot building sits on a 0.53-acre lot and boasts a strong 100% occupancy rate across four units. The property is classified as Class B and features a mix of tenants including two office spaces, a nail salon, and a Domino's Pizza restaurant. The diverse tenant mix ensures a stable income stream, further enhanced by long-term leases in place for the nail salon and Domino's. The nail salon lease, a triple net (NNN) agreement, was recently executed in 2023 for a seven-year term. Significant improvements were completed in 2023, including a new roof and parking lot repairs, minimizing future capital expenditures. The asking price is $1,250,000, translating to a price per square foot of $233.56. The property's single-story design and convenient location in Craighead County, Arkansas (zip code 72401), contribute to its overall appeal. This is a rare opportunity to acquire a fully leased, well-maintained mixed-use property with a proven track record of success and significant upside potential. The property's APN is 01-144281-19500. The gross lease structure simplifies management, making this an ideal investment for both seasoned and emerging investors seeking a stable and profitable addition to their portfolio.

Location Insight

City

Jonesboro

County

Craighead

State

Arkansas

Latitude

35.8144

Longitude

-90.6686

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