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2402 Phillips Dr
  • MLS Number: 25011222
  • Status Active
  • Approx. Sqft: 2500
  • Acres: 0.45
  • Lot Size: 100 ft x 250 ft
  • Subdivision: DAS REPLAT
  • Stories: One Story
  • Year Built: 1993
  • 2402 Phillips Dr
    Jonesboro, AR 72401
Courtesy of: Halsey Thrasher Harpole Real Estate Group

Remarks

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.

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