- For Sale $2,970,000
- Property Type Retail
- Lot Size 0.98 SF
- Date Updated Apr 16, 2024
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant, corporate guaranteed lease Kirkland’s in Jonesboro, AR. Kirkland’s Home operates over 340 Locations across 35 states, employs over 4,000 team members and had over $560M in sales in 2021. Exhibiting the strength of this location, the tenant has recently extended the lease for an additional 10 years with 2% annual rental increases, two 5-year option periods, limited landlord responsibilities (structure only), and a corporate guarantee making this asset is ideal for an investor seeking years of inflation resistant cash flows. The 9,030 SF Building was redeveloped in 2021 and is located just off the major intersection of Red Wolf Blvd and E Highland Drive (50,845+ VPD). The property is directly opposite the Turtle Creek Mall which is currently under redevelopment and anchored by Target, JCPenney and Dillard’s.
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Attachments
False
Contacts
Jereme Snyder
Colliers
(949) 724-5552
Eric Carlton
Mason Lewis
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (60) -
Bike Score ®
Somewhat Bikeable (45)
- City Jonesboro, AR
- Neighborhood Jonesboro
- Zip Code 72401
Points of Interest
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Kum & Go
0.57 miles
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Kum & Go
1.95 miles
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Kum & Go
2.61 miles
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Exxon
3.25 miles
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Murphy USA
3.66 miles
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Bennigan's parking
2.58 miles
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Olive Garden
0.10 miles
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Chili's
0.14 miles
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Chick-fil-A
0.19 miles
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Schlotzsky's Deli
0.33 miles
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Sonic
0.49 miles
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Murdock's Catfish
0.57 miles
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LongHorn Steakhouse
0.62 miles
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Red Lobster
0.68 miles
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Shadrack's Coffee
0.78 miles
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Burger King
0.78 miles
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Target
0.17 miles
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Walmart Neighborhood Market
0.41 miles
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Aldi
0.77 miles
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Walmart Supercenter
1.03 miles
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Crop Co. - Jonesboro
1.08 miles
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Bill's Fresh Market
2.02 miles
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Walmart Neighborhood Market
2.17 miles
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Big Lots
3.56 miles
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Walmart Supercenter
3.79 miles