Kirkland's - New 10 Year Extension

3101 E Highland Dr, Jonesboro, AR 72401

  • For Sale $2,874,000
  • Property Type Retail
  • Lot Size 0.98 SF
  • Additional Rent Contact for pricing
  • Date Updated Jul 18, 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

Contacts

broker

Jereme Snyder

Colliers

broker

Eric Carlton

Colliers

broker

Mason Lewis

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Jonesboro, AR
  • Neighborhood Jonesboro
  • Zip Code 72401

Points of Interest

  • Kum & Go

    0.57 miles

  • Kum & Go

    1.95 miles

  • Kum & Go

    2.61 miles

  • Exxon

    3.25 miles

  • Murphy USA

    3.66 miles

  • Bennigan's parking

    2.58 miles

  • Olive Garden

    0.10 miles

  • Chili's

    0.14 miles

  • Chick-fil-A

    0.19 miles

  • Schlotzsky's Deli

    0.33 miles

  • Sonic

    0.50 miles

  • Murdock's Catfish

    0.57 miles

  • LongHorn Steakhouse

    0.62 miles

  • Red Lobster

    0.68 miles

  • Shadrack's Coffee

    0.78 miles

  • Burger King

    0.78 miles

  • Target

    0.17 miles

  • Walmart Neighborhood Market

    0.41 miles

  • Aldi

    0.77 miles

  • Walmart Supercenter

    1.03 miles

  • Crop Co. - Jonesboro

    1.08 miles

  • Bill's Fresh Market

    2.02 miles

  • Walmart Neighborhood Market

    2.17 miles

  • Big Lots

    3.56 miles

  • Walmart Supercenter

    3.79 miles

Frequently Asked Questions

How much does Kirkland's - New 10 Year Extension cost?

The space currently listed for sale at Kirkland's - New 10 Year Extension asks for $2,874,000.

What is the total square footage of Kirkland's - New 10 Year Extension?

Kirkland's - New 10 Year Extension totals 9,030 square feet.

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