Map of Property

Kirkland's - New 10 Year Extension

For Sale

3101 E Highland Dr, Jonesboro, AR 72401

This Jonesboro property for sale is located at 3101 E Highland Dr. The current listed sale price for Kirkland's - New 10 Year Extension is $2,475,000. Kirkland's - New 10 Year Extension is situated on a lot that is 0.98 square feet in size.

Contacts

broker
Jereme Snyder

Colliers

broker
Eric Carlton

Colliers

broker
Mason Lewis

Property Details

  • Property Type Retail
  • Lot Size 0.98 SF
  • Additional Rent Contact for pricing
  • Date Updated Dec 17, 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

Getting around

  • 60/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Jonesboro, AR
  • Neighborhood Jonesboro
  • Zip Code 72401

Points of Interest

  • Exxon

    0.14 miles

  • Murphy Express

    0.38 miles

  • Kum & Go

    0.57 miles

  • Kroger Fuel Center

    0.69 miles

  • Walmart

    2.12 miles

  • Pilot

    2.57 miles

  • Jonesboro Supercharger

    3.92 miles

  • Bennigan's parking

    2.58 miles

  • Olive Garden

    0.10 miles

  • Five Guys

    0.13 miles

  • Chili's

    0.14 miles

  • McDonald's

    0.15 miles

  • Chick-fil-A

    0.19 miles

  • Krispy Kreme

    0.21 miles

  • Schlotzsky's Deli

    0.33 miles

  • Chuck E. Cheese

    0.37 miles

  • Buffalo Wild Wings

    0.44 miles

  • Checkers

    0.48 miles

  • Target

    0.17 miles

  • The Mall At Turtle Creek

    0.22 miles

  • Walmart Neighborhood Market

    0.33 miles

  • Kohl's

    0.52 miles

  • Kroger Marketplace

    0.76 miles

  • Burlington

    0.77 miles

  • ALDI

    0.77 miles

  • Natural Grocers

    0.89 miles

  • TJ Maxx

    0.91 miles

  • Walmart Supercenter

    1.03 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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