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Southern Creek Lane
Jonesboro, AR 72404
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
175 ACRE MIXED-USE DEVELOPMENT <ul><li>Rapidly Growing Development in Southwest Jonesboro, AR</li><li>175 Acres Along Southwest Drive (U.S. 49)</li><li>Mix of Retail, Office, Single-Family, and Multifamily</li><li>Interconnected Community with a System of Public Biking Trails and Public Sidewalks </li><li>Detention Completed</li><li>Will Subdivide</li><li>Build-to-Suit Options</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
