3900 race street, searcy, ar 72143 development opportunity ...€¦ · searcy is the home of two...

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Development Opportunity Near Major Big Box Retail 3900 Race Street, Searcy, AR 72143

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Page 1: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

Development Opportunity Near Major Big Box Retail

3900 Race Street, Searcy, AR 72143

Page 2: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

LINK

SJOSHUA BROWN, CCIM Principal870 761 [email protected]

GREG HAAG, CCIM Principal 870 219 [email protected]

OFFICE 870 336 8000 | eFax 888 561 4917| 2915 Browns Lane, Jonesboro, AR 72401 | www.HaagBrown.com

FOR SalE 3900 Race Street, Searcy, AR 72143

CONN

ECT

LoopNet

This 14 acre tract is located on East Race Street, just east

of US Highway 67 North making it ideal for Big Box Center or Retail Development. This location benefits by

being both highly visible and easily accessible. Situated along East Race Street, the site has excellent signage

and exposure to drive-by traffic counts which exceed 12,000 cars per day with frontage priced well below

market comps.

Race Street is Searcy’ s main East/West thoroughfare and supports the majority of the city’ s restaurant and

retail businesses. This particular tract is located on t he same t horoughfare as Wal-Mart and Lowes in close

proximity to Chili’ s, Staples, JC Penney, Liberty Bank, Dollar Tree and Murphy USA.

Opportunity Overview

Lot Size:

Price:

Price/AC:

Property Type:

14 AC

$2,400,000

$171,428.57

Commercial/ Other

OFFERING

Utilities available on site

Page 3: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

SITE AERIAL

12,000 cars per day

LOCATION

Page 4: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

PRELIM

INARY SITE PLAN

2

PRELIMINARYLAYOUT

Page 5: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

PRELIMINARY LAYOUT

WITH AERIAL

Page 6: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas State University Searcy, formerly operating as Foothills Technical Institute.

Due to its strategic location, receptive government, committed workforce and diverse local economy, Searcy has become a

major center for economic and industrial development .

In fact, Searcy contributes greatly to White County’ s extremely low unemployment rate . It is home to such top employers as White County Medical Center, which employs over 1500, and the Wal-Mart Distribution facility, which has over 1350 employees.

Searcy continues to be a major trade center for local residents and others living in outlying areas. There are many shopping areas, a wide range of restaurants and other businesses ready to serve you. Chili’s, McAlister’s, JCPenneys, Lowes and Staples are just a few of the national chains that call Searcy home. The searcy area also boast a neat mix of boutiques, local

restaurants and specialty stores.

Searcy’s stable economic base and increase in population has allowed commercial businesses to flourish in our area. A boom in the hotel industry occurred increasing the number of rooms available to nearly 850 units.

Searcy’s Municipal Airport is one of the faster growing top general aviation airports in the state with 100 or more based aircraft with daily corporate and private business operations. A recently

completed eight million dollar expansion included extending the runway to 6008’ and widening to 100’ with a weight capacity of 80,000 pounds.

SEARCY, ARSPOTLIGHT SOURCE

Page 7: 3900 Race Street, Searcy, AR 72143 Development Opportunity ...€¦ · Searcy is the home of two colleges : Harding University, the state’ s largest private university, and Arkansas

Haag Brown Commercial | Principal

SUMMARY

ACHIEVEMENTS

Affiliations & Designations

Significant Transactions

EDUCATION

Clients &/or Projects RepresentedAcademy Sports Arkansas State UniversityArmor SeedAutowash PartnersBNSF RailroadBuffalo Wild WingsCinema Management Group

Cheddars Casual CafeCWL JonesboroDairy QueenDiet Center

Dollar GeneralFamilies Inc.Fazoli’sFive Guys BurgersHugg & HallKirkland’s Home FurnishingsLonghorn SteakhouseMattress FirmMen’s WearhouseMurphy OilNabholz Real Estate ClinicNEA Baptist Clinic

O’Reilly Auto PartsPanera BreadPlato’s ClosetQuality Suites HotelRed LobsterReliance Health CareRitter CommunicationsSai’s Thai RestaurantSan Francisco Bread Co.Sissy’s Log CabinStarbucks, Super 8 HotelUppercurst Pizza

2012 Arkansas Business “Small Business of the Year” Finalist 2011 Arkansas Business “40 Under 40” Recipient (Youngest Member of the Class)2010 Northeast Arkansas Business Today “Outstanding Young Executive”2009 Arkansas Business “The New Influentials, 20 in Their 20s” 08-12 Board of Realtors “Diamond Award of Excellence” (top overall volume each year)

Certified Commercial Investment Member, CCIMInternational Council of Shopping Centers, ICSCLeadership Jonesboro Class of 2009Jonesboro Regional Chamber of Commerce | Member of Jonesboro UnlimitedArkansas Association of Realtors & National Association of RealtorsThe Community Advisory Committee for the NEA Baptist Charitable FoundationPresident of the NEA Duck Classic Sponsorship CommitteeDowntown Jonesboro AssociationVision 2030 Committee for the City of JonesboroMember of Central Baptist ChurchDubai of United Arab Emirates Mission Trip | October 2011Assam, India Mission Team | February 2009

Academy Sports - 7.73 Acre Retail Development in Jonesboro, ARBuffalo Wild Wings - Site selection in Conway, Fort Smith, North Little Rock, AR & Norman, Cheddar’s Casual Cafe - 2 Acre Restaurant Site in Jonesboro, ARFive Guys Burgers & Plato’s Closet Development - Stadium Boulevard in Jonesboro, ARHugg & Hall, site location, warehouse in Jonesboro, ARKirkland’s - 0.98 Acre Site on Highland Drive Across from the Mall At Turtle Creek in JonesboroLonghorn Steakhouse - 1.46 Acre Restaurant Development on Stadium in Jonesboro, ARMattress Firm - 0.89 Acre Retail Development Site on Stadium in Jonesboro, ARMurphy Oil, USA, Inc., site location, .94 acres of Creek Place Development in Jonesboro, ARNEA Baptist Clinic - Disposition of a portfolio of (6) Medical Office Buildings in Jonesboro, ARPanera Bread - 1 Acre Restaurant at Fairgrounds Re-Development Site on Stadium, Jonesboro, ARQdoba - 2,550 SF in New Retail Center at the Fairgrounds Re-Development - Stadium, Jonesboro, AR Red Lobster - 2.35 Acre Restaurant Development on Stadium in Jonesboro, ARRitter Corporate Headquarters - 7+/- acres in Jonesboro, AR Schlotzsky’s - 3,000 SF in New Retail Center at the Creek Place Development - Stadium, Jonesboro, ARSissy’s Log Cabin - 1 Acre Site at Fairgrounds Re-Development on Stadium, Jonesboro, AR Starbucks, Men’s Wearhouse Development - 1.02 Acre Retail Project on Stadium in Jonesboro, AR Waddell, Cole & Jones, P.A. - +13,000 SF, 12 Year Lease in Jonesboro, AR

“Each of you should look not only to your own interest, but also to the interest of others.”

- Philippians 2:4

Joshua h. brown, ccim

OFFICE 870 336 8000 | eFax 888 561 4917| 2915 Browns Lane, Jonesboro, AR 42701 | [email protected]

Joshua Brown serves as the co-Owner & Executive Broker of Haag Brown Commercial Real Estate & Development, the largest, most trusted, and most technologically advanced commercial brokerage firm in Northeast Arkansas. Joshua also serves as a Principal in Haag Brown Development, which has developed numerous high profile retail properties.

Joshua has received numerous coveted business awards including “The New Influentials, 20 in Their 20’s”, “Arkansas Business’ 40 Under 40”, and his company was named a finalist for “Arkansas Business Small Business of the Year” in 2012. Joshua has been appointed to the Jonesboro Vision 2030 Comprehensive Planning Advisory Commission, and serves on numerous boards in Northeast Arkansas for NEA Baptist Clinic, the Chamber of Commerce, and Arkansas State University.

Joshua has been on mission trips all over the world with his local church, Central Baptist in Jonesboro, Arkansas. His most recent adventures have taken him to Dubai, UAE, to serve in labor camps, and to Assam, India to serve unreached villages needing wells. Joshua can seldom be found too far from his wife Britni, his daughter Alex, and his son Lincoln. Joshua places his faith first, his family second, and his work third, but that does not keep him from always being situated at the top of the commercial real estate industry.

There are three CCIM’s in the Jonesboro trade area. Joshua and his partner, Greg Haag make up two thirds of that group, which helps make Haag Brown Commercial the most qualified in the region to assist clients with retail & office leasing, tenant representation, and acquisition & disposition of investment properties and land.

-Arkansas State University, B.A. in Political Science, minor in Criminology, 2005

-Certified Commercial Investment Member, CCIM, designation awarded in 2010

*16 Screen Theatre