2402 Phillips Dr Jonesboro, AR 72401
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.
property details
Interior Features
Exterior Features
Utility & Building Info
Price History
date | event | price | source |
---|---|---|---|
06/30/2025
06/30/2025
|
Sold |
$620,000
|
Cooperative Arkansas Realtors |
05/06/2025
05/06/2025
|
Pending |
$675,000
|
Cooperative Arkansas Realtors |
03/24/2025
03/24/2025
|
Active |
$675,000
|
Cooperative Arkansas Realtors |
Market Trends
Source: Constellation1
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