3006 S Caraway Rd
Jonesboro, AR 72401
The Mallard Club or The Oaks Restaurant · Property For Lease
HIGHLIGHTS
- High-traffic area. 23,000+ vehicles daily in the most commercially populated area of Jonesboro.
- Owner is willing to rebuild the entire west end of the hotel to suit potential clients. Complete hotel and property is available for purchase.
- Negotiable lease with rent rates between $15-$60 sq/ft per year in addition to CAM fees.
- High visibility right off I-555, centrally located business district of Jonesboro.
- Property is surrounded by new businesses with new construction taking place now.
PROPERTY FACTS
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,500 SF |
| Year Built | 1981 |
| Parking Ratio | 27.18/1,000 SF |
ABOUT THE PROPERTY
Restaurant and adjacent hotel sitting on 4.99 acres at the corner of Caraway Rd. and Phillips Drive in Jonesboro, Arkansas right off of I-555. High traffic area, centrally located with roughly 23,000 vehicles/day. Restaurant contains roughly 5000 sq/ft of dining/kitchen space on the west side of the building. Kitchen is divided so that it could accommodate 2 separate businesses. Spacious dining area in the main restaurant with 2 smaller club/lounge settings included. Large parking lot that would accommodate up to three different businesses. Total square footage available is 8500 sq/ft. *Note: -Lease options are negotiable. -Owner is willing to completely rebuild the west end of the building in order to distribute the space that is necessary for clients. Adequate space for up to 3-4 businesses.
- Restaurant
