5296 AR-1 - Jonesboro, AR

5296 Arkansas 1 Jonesboro, AR 72404

5296 Arkansas 1, Jonesboro, AR, 72404
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,460,000
Last Verified:
Oct 01, 2024

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Highlights

  • 12,150 SF office building
  • 3.13 Acre Lot
  • 180 Parking Spaces
  • Versatile space suitable for various office uses
  • High visibility and accessibility
  • Well-maintained and move-in ready
  • Potential for customization and expansion
  • Surrounded by thriving businesses

Description

Introducing a prime investment opportunity in Jonesboro, AR: a 12,150 SF office building located at 5296 Arkansas 1. This meticulously maintained property offers a versatile space for a wide range of office uses.. Its spacious layout and convenient access make it an ideal fit for those seeking a premier commercial real estate opportunity in the thriving Jonesboro area.

Located in the vibrant city of Jonesboro, AR, the area surrounding the property offers a dynamic mix of amenities and attractions. Home to Arkansas State University, the community benefits from a strong and diverse talent pool. Nearby, investors will find a range of dining options, entertainment venues, and recreational facilities, making it an attractive location for potential tenants and employees. With convenient access to major highways, the property also provides seamless connectivity for businesses.

Building Size: 12150sq ft
Building Class: A
Lot Size: 3.13 acres


Documents

5296 AR-1 Flyer


Map of 5296 Arkansas 1, Jonesboro, AR, 72404

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.