FOR SALE OR LEASE - LoopNet...cable and trash removal. Tenant shall have the right at any time to...

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2920 longview Jonesboro, AR FOR SALE OR LEASE

Transcript of FOR SALE OR LEASE - LoopNet...cable and trash removal. Tenant shall have the right at any time to...

Page 1: FOR SALE OR LEASE - LoopNet...cable and trash removal. Tenant shall have the right at any time to sublease or assign all or any portion of Tenant’s Premises with Landlord’s prior

2 9 2 0 l o n g v i e wJ o n e s b o r o , A R

F O R S A L E O R L E A S E

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Haag Brown Commercial is pleased to offer a free standing

office building in the middle of the Longview/Windover

office park for sale. Windover is a community that consists of

several dentists, doctors, investment groups, and various other

professional businesses. It is by far the most upscale office

park in Northeast Arkansas.

This 7, 5 0 0 S Q U A R E F O O T, C L A S S A O F F I C E B U I L D I N G

sits on 0.68 acres and can be seen from I-555 lending it

exposure to O V E R 3 6 , 0 0 0 C A R S P E R D AY. It has frontage

on Longview Drive and is surrounded by dozens of medical/

professional offices and retail including Barton’s, Gateway

Engineering, Sound Concepts, US Renal Care and Southern

Pioneer Insurance.

The building has been the home of the Arkansas Department

of Career Education, Division of Rehabilitation Services office

for nearly a decade providing a steady cash flow of more than

$124,000 per year.

The building features an open lobby and reception area, over 15

offices, a large centralized conference room, multiple storage

areas and a modern kitchen/break room with appliances.

FOR LEASESPACE AVAILABLE :: 7,500 SF

PRICE/SF :: $18 PSF

o p p o r t u n i t y o v e r v i e w

Free-Standing Class-A Office Building

Located in the Windover Office Park

Visible from Interstate I-555

Home of the Arkansas Department of Career Education, Division of Rehabilitation Services

Exposure to Over 36,000 CPD

h i g h l i g h t s

FOR SALEBUILDING SIZE :: 7,500 SF

PRICE :: $1,064,000

H A A G B R O W N C O M M E R C I A L R E A L E S TAT E A N D D E V E L O P M E N T H A A G

J O S H U A B R O W NP R I N C I P A L , C C I M

870.336.8000j o s h @ h a a g b r o w n . c o m

CONTACT

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P r i c e : :G L A : :C A P R a t e : :Ye a r B u i l t : :

1 , 0 6 4 , 0 0 0

7 , 5 0 0 S F

8 %

2 0 0 6

2920 longview

GLA :: 7,500 SF

Rent Commence :: July 2017

Initial Term :: 3 Years

Annual Rent :: $124,050

Rent / SF :: $16.54/PSF

Lease Type :: Full Service

$10,300

N/A

N/A

$39,050

$85,000/YR

EST

IMA

TE

D E

XP

EN

SES

Real Estate Taxes : :

Insurance : :

CAM : :

Estimated Expenses : :

NOI : :

Landlord shall be responsible for keeping the roof, foundation

and exterior walls of the Premises in proper repair.

Tenant shall be responsible for cost associated with all

maintenance, replacement and repairs necessary to keep the

premises in a good state.

Tenant’s Responsibility.

Tenant’s Responsibility.

Tenant’s Responsibility.

Tenant shall be responsible for all utility services within the

premises, including gas, electric, telephone, water, sewer,

cable and trash removal.

Tenant shall have the right at any time to sublease or assign

all or any portion of Tenant’s Premises with Landlord’s prior

approval or consent, which shall not be unreasonably withheld

or delayed. However, Tenant shall remain guarantor on lease.

Landlord Responsibilites

Tenant Responsibilites

Common Area Maintenance

Taxes

Insurance

Utilities

Assignment & Subletting

l e a s e s u m m a r yf i n a n c i a l o v e r v i e w

re n t ro l l

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longview

i-555

windo

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2920 longviewJONESBORO, AR

***This document has been prepared by Haag Brown

Commercial for advertising and general information

only. Haag Brown Commercial makes no guarantees,

representations or warranties of any kind, expressed or

implied, regarding the information including, but not limited

to, warranties of content, accuracy and reliability. Any

interested party should undertake their own inquiries as to

the accuracy of the information. Haag Brown Commercial

excludes unequivocally all inferred or implied terms,

conditions and warranties arising out of this document and

excludes all liability for loss and damages arising there from.

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jonesboro, ar

Page 7: FOR SALE OR LEASE - LoopNet...cable and trash removal. Tenant shall have the right at any time to sublease or assign all or any portion of Tenant’s Premises with Landlord’s prior

”Our mission at Haag Brown Commercial is to be the best commercial real

estate brokerage and development company while leading our clients to

success. Our mission is to put our client’s needs ahead of our own while

striving to excel in quality, innovation, and value of services we provide.”Haag Brown Commercial is the region’s authority on listing & selling

commercial real estate in Jonesboro and Northeast Arkansas. You

should also be aware that Haag Brown remains one of the top options

in the region for Retail Project Development, Tenant Representation, &

Investment Advising. We have experience and the expertise needed to

develop and/or advise on large retail development projects. We have the

ability to facilitate the expansion of national tenants who want to grow

their presence in Arkansas, Oklahoma, Missouri, Mississippi, Tennessee,

Alabama & Texas. Information to make the most informed decision

on location is of upmost value to our clients. We have the ability to

perform tenant site selection and/or build-to-suit through a revolutionary,

technologically advanced build-to-suit program, which has pleased our

clients immensely. All we need to know is the markets you want to be in,

and we can get you there. We have the character, experience & education

needed to be the best commercial brokerage firm in our region for advising

on commercial real estate investments.

2915 BROWNS LANEJONESBORO, AR

OFFICE 870.336.8000EFAX 888.561.4917 HAAGBROWN.COM

Our teamNamed 2015

Small Business of the Year

Named Arkansas State University College of

Business “2015 Business Executives of the Year”

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Joshua Brown is the co-owner and Executive Broker of Haag

Brown Commercial Real Estate & Development. Joshua serves as a

Principal in Haag Brown Development, having developed numerous

high profile retail properties in Arkansas and the mid-south. Other

states experiencing the success of Haag Brown Development

include Oklahoma, Missouri, Tennessee, and Mississippi. Haag

Brown Commercial was named a finalist for “Small Business of the

Year” by Arkansas Business in 2012 and 2013. They were named

“Small Business of the Year” for 2016.

Most mornings, Joshua can be found at the office before sunrise

drinking coffee, watching the various well-fed birds and squirrels.

The next order of business includes filling the office glass boards

with the day’s brokerage, development and office “to-dos” and

opportunities. Organization within the company is vital for project

and client follow-through and is reflected in getting deals across the finish line.

Joshua has a passion for assisting real estate users and investors as they make informed decisions. Haag Brown

Development has the reputation for developing architecturally appealing buildings as well as delivering proposals

to tenants in an unprecedented time frame. Joshua’s goal is to create a commercial brokerage and development

company unlike others. He attributes his success to using the Bible as a guide for operating his business.

Joshua joined his partner Greg Haag in earning his CCIM designation at 25 years of age. Joshua has been the

only broker to earn the Triple Diamond Award in Northeast Arkansas, which required $21MM in volume. In 2014,

his individual volume exceeded $50MM. He has escorted numerous national retailers through Arkansas and

bordering states as both a developer and broker. Joshua has been a lead partner in acquiring retail and office assets

for national capital groups.

Joshua has been on mission trips to multiple countries with his local church, Central Baptist in Jonesboro, Arkansas.

His most recent adventures include Dubai, UAE, to serve in labor camps, and to Assam, India to serve unreached

villages without clean drinking water supplies. He can seldom be found too far from his wife Britni, daughter Alex,

and son Lincoln. Joshua is enthusiastic about cycling, running and traveling 30A along Florida’s coast with family.

Academy Sports Arkansas State Univers i tyArmor SeedA rk a n s a s D e n t i s t r y & B r a c e s

A s p e n D e n t a l

AT & T

B u f f a l o Wi l d Wi n g s

Cinema Management GroupCheddars Casua l Cafe

A C A D E M Y S P O R T S : : 7 .73 acre reta i l deve lopment in Jonesboro, ARA R K A N S A S D E N T I S T RY & B R A C E S : : S ing le & mult i-tenant deve lopments throughout ArkansasA R K A N S A S S TAT E U N I V E R S I T Y : : Deve lopment adv is ing throughout ArkansasAT & T : : S ing le tenant deve lopment throughout ArkansasB U F FA L O W I L D W I N G S : : S i te se lect ion in Arkansas & ad jo in ing statesC H E D D A R S C A S U A L C A F E : : 2 acre restaurant s i te in Jonesboro, ARC H E N A L R E TA I L C E N T E R : : $5+ MM acquis i t ion of former Kroger center on Chenal Parkway in L i t t le Rock, ARC O U R T YA R D B Y M A R R I O T T : : 2 .28 acre , 5 story hote l deve lopment on Highway 49 in Jonesboro, ARF F O H O M E : : Nat iona l brokerage & deve lopment accountH AY S C L O T H I N G / T E C H F R I E N D S : : 7 acre Coca-Cola corner re-deve lopment in Jonesboro, ARH I G H L A N D S H O P P I N G C E N T E R : : 60,000 SF Re-deve lopment on Red Wolf Boulevard in Jonesboro, ARH I L L PA R K : : Jonesboro off ice deve lopment which i s home to Ritter ’ s corporate headquarters , Stephen’s Investment Group & Jones & CompanyI N D I A N M A L L : : $8+ MM dispos i t ion of 16 acre reta i l s i te at the corner of Caraway Road & Highland Dr ive in Jonesboro, ARK M A R T : : 80,000 SF Re-Development of longstanding Kmart space at the corner of Caraway Road & Highland Dr ive in Jonesboro, ARM AT T R E S S & M O R E : : Nat iona l brokerage & deve lopment accountN E A B A P T I S T C L I N I C : : $14+ MM Assemblage of (10) medica l off ice bu i ld ings across Northeast ArkansasO R S C H E L N : : S ing le tenant deve lopment throughout ArkansasPA N E R A B R E A D : : S ing le tenant deve lopment in mult ip le statesR E S E R V E AT H I L L PA R K : : 27 AC L i festy le off ice deve lopment featur ing Majewsk i Plast ic Surgery & Spa & Arthr i t i s & Rheumat ism Assoc iates , LLCS I S S Y ’ S L O G C A B I N : : 1 acre s i te at Fa i rground Re-Development on Red Wolf Boulevard in Jonesboro, ARS TA R B U C K S : : S ing le & mult i-tenant deve lopments throughout Arkansas & addit iona l s tatesTA C O S 4 L I F E : : S ing le & mult i-tenant deve lopments throughout Arkansas & addit iona l s tatesWA D D E L L , C O L E & J O N E S , P. A . : : +13,000 SF off ice deve lopment in Jonesboro, AR

A rk a n s a s A s s o c i a t i o n o f R e a l t o r s & N a t i o n a l A s s o c i a t i o n o f R e a l t o r s

C E R T I F I E D C O M M E R C I A L I N V E S T M E N T M E M B E R , C C I M | I n t e r n a t i o n a l C o u n c i l o f S h o p p i n g C e n t e r s , I C S C

D o w n t o w n J o n e s b o r o A s s o c i a t i o n | Vi s i o n 2 0 3 0 C o m m i tt e e f o r t h e C i t y o f J o n e s b o r o

L e a d e r s h i p J o n e s b o r o C l a s s o f 2 0 0 9 | J o n e s b o r o R e g i o n a l C h a m b e r o f C o m m e r c e

P r e s i d e n t o f t h e N E A D u c k C l a s s i c S p o n s o r s h i p C o m m i tt e e

T h e C o m m u n i t y A d v i s o r y C o m m i tt e e f o r t h e N E A B a p t i s t C h a r i t a b l e Fo u n d a t i o n

1 6 - 1 7 : : Board of Rea ltors “Tr ip le Diamond Award of Exce l lence”2 0 1 6 : : Arkansas Bus iness “Smal l Bus iness of the Year”2 0 1 5 : : Arkansas Bus iness “Execut ive of the Year” FINALIST2 0 1 5 , 2 0 1 2 & 2 0 1 3 : : Arkansas Bus iness “Smal l Bus iness of the Year” FINALIST2 0 1 5 : : Arkansas State Univers i ty Col lege of Bus iness Execut ive of the Year2 0 1 1 : : Arkansas Bus iness “40 under 40” Recip ient2 0 1 0 : : Northeast Arkansas Bus iness Today “Outstanding Young Execut ive”2 0 0 9 : : Arkansas Bus iness “The New Inf luent ia l s , 20 in The i r 20s”0 8 - 1 5 Board of Rea ltors “Diamond Award of Exce l lence”

A R K A N S A S S TAT E U N I V E R S I T Y, 2 0 0 5

B.A. in Pol i t ica l Sc ience, Minor in Cr iminology

C E R T I F I E D C O M M E R C I A L I N V E S T M E N T M E M B E R C C I M

Designat ion Awarded in 2010

CVSCWL JonesboroDairy QueenDiet CenterDol lar Genera lFami l ies Inc .Fazo l i ’ s F F O H o m e

Five Guys Burgers

Gig i ’ s CupcakesHays Cloth ingHugg & Hal lJ immy JohnsKirk land ’sLonghorn SteakhouseMattress & MoreM e n’ s We a rh o u s e

Murphy Oi l

Nabholz Rea l EstateNEA Bapt i st Cl in ic On The BorderO’Rei l ly Auto Parts O r s c h e l n

P a n e r a B r e a d

Plato’s ClosetRed LobsterRel iance Health Care

*HB DEVELOPMENTS

ACHIEVEMENTS EDUCATION

[email protected]

Ritter Communicat ionsSissy ’ s Log CabinSmoothie KingS t a r b u c k s

SUMO Ta c o s 4 L i f e

U n c l e M a d d i o ’ s

Uppercurst PizzaWalmart Neighborhood Mkt .

PRINCIPAL CCIM

JOSHUA BROWN

870.336.8000

CLIENTS &/OR PROJECT REPRESENTED

SIGNIFICANT TRANSACTIONS

AFFILIATIONS & DESIGNATIONS