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RARE 15,000 SF Stand-Alone Building @ Hilltop 4212 E Johnson Ave
15,000 SF of Office/Medical Space Available in Jonesboro, AR 72401
Highlights
- Nearly 15,000 SF Building with 75 Parking Spaces
- Dynamic Opportunity for Retail, Office, or Medical
- Sandwiched Between the NEA Baptist Hospital & Arkansas State University
- Booming Area with Numerous New Developments
- Exposure to More than 31,000 Cars Per Day - a Number that Keeps Growing!
- Building is also FOR SALE @ $2,600,000
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 15,000 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $225,000 /YR $18,750 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 38 - 120 People
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 4212 E Johnson Ave , Jonesboro, AR 72401
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Freestanding | Parking Ratio | 4.13/1,000 SF |
| Gross Leasable Area | 15,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,000 SF |
| Year Built | 2016 |
| Parking Ratio | 4.13/1,000 SF |
About the Property
This 15,000 square foot building presents an exceptional opportunity for retailers, medical practitioners, or office tenants seeking prime space and location in the thriving Hilltop area of Jonesboro. Situated between two major employers, the NEA Baptist Hospital Campus and Arkansas State University, it offers unparalleled exposure to over 31,000 passing vehicles daily. Surrounded by new developments such as dining establishments, retail outlets, medical facilities, and residential subdivisions, this location promises to be at the heart of vibrant activity for years to come. This opportunity stands out as a rarity in the market, providing tenants with an opportunity to occupy a high-quality asset in a premium location known for its low vacancy rates. For tenants, it offers the unique advantage of securing a contemporary premises with close proximity to both the hospital and university, enhancing accessibility and convenience. Don’t miss out on this chance to be situated in a quality lease space in a thriving area!
Nearby Major Retailers
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RARE 15,000 SF Stand-Alone Building @ Hilltop | 4212 E Johnson Ave
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