2500 Alexander DrJonesboro, AR 72401
- Strip malls
- 11,750 SF
Property Details for 2500 Alexander Dr
- Property size (Sq ft)
- 11,750 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 01-143252-01201
- APU
- 114325201201
Description
This exceptional 1,500-square-foot office space is available for lease within the prestigious Christian Creek Commons Business Park in Jonesboro, Arkansas. Located at 2500 Alexander Drive, this Class A property offers a highly visible location, easily accessible from Interstate 555, a major thoroughfare with over 24,000 vehicles passing daily. The space is part of an 11,810-square-foot building and is ideal for a variety of uses, including traditional office, executive office, or medical office settings. The layout includes multiple private offices, a dedicated conference room, a convenient break area, two restrooms, a server room, and a large open area suitable for a bullpen or other flexible workspace configurations. Christian Creek Commons is a well-established business park, home to a diverse range of professional and retail tenants, creating a thriving and reputable business environment. This space presents a unique opportunity to establish a presence in a highly sought-after location within a successful and easily accessible business park in Jonesboro, Arkansas. The property's zip code is 72401. This listing represents a single available space within a multi-tenant building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,948,126
- 6.5%
- $3,644,424
- 7%
- $3,384,108
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,308,396
- Geo Method
- $2,308,396
-
Alternative Use
- Use
- Valuation
- Residential
- $3,074,208
- Hospitality
- $2,815,958
- Educational
- $2,342,844
- Medical
- $2,423,418
- Retail
- $3,644,424
Location Insight
- City
- Jonesboro
- County
- Craighead
- State
- Arkansas
- Latitude
- 35.9611
- Longitude
- -90.3457
- CBSA code
- 27860
- CBSA name
- JONESBORO, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].