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Text Content

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JONESBORO, AR - KUM & GO


3418 E JOHNSON AVE, JONESBORO, AR


For Sale
Premium
Retail




$7,599,100


PRICE




5.3%


CAP RATE


$402,750


NOI


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Last Updated: 03/07/2024
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OVERVIEW

Cap Rate
5.3%

NOI
$402,750

Building Size
5,714 sqft

Lot Area
1.75 acres


Offered by

Teddy Leonard
Managing Director
SRS Capital Markets
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DESCRIPTION

• Kum & Go is guaranteeing the lease
• 20-Year lease with 16+ years remaining
• The lease has 7.50% rent bumps every 5 years and four, five-year option
periods

• Property is located near Arkansas State University, the 2nd largest University
in the state of Arkansas with enrollment over 14,903 students.
• Dense retail corridor with tenants Shipley’s Donuts, Burger King, First
National Bank, Burger King, Dollar Tree, Tropical Smoothie and more
• 1-Mile from NEA Baptist Hospital, the second largest hospital in Jonesboro
with 228 beds
• Subject property is near Jonesboro Municipal Airport with over 20,156 yearly
flights


--------------------------------------------------------------------------------

This listing was syndicated through:

Listing ID: a28TP000000DmrdYAC


LOCATION




GALLERY



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Offered by

Teddy Leonard
Managing Director
SRS Capital Markets
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Teddy Leonard
Managing Director
SRS Capital Markets
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