Haag Brown Commercial has an extremely rare ground lease opportunity at the former Lazzari Italian Oven location along Caraway Road. Located within Highland Square, this development has been a staple at the signalized intersection of Highland Drive & Caraway Road, the city's primary center of trade, for decades. The property has exposure to over 44,000 cars per day & is highly recognized by the 550,000 consumers that frequent Jonesboro.
Highland Square is strategically placed, surrounded by the top grocer in the market, Kroger Marketplace, the market's dominant Walmart Super Center, & the most recent redevelopment, The Uptown. It is also in close proximity to Sam's Club, Hobby Lobby, Burlington Coat Factory, & sits less than 3/4 of a mile from Interstate 555.
The 1.15 acre property offers direct frontage along Caraway Road, which is an opportunity that is extremely limited within the current market, and is surrounded by national retailers and QSR's such as: Michael's, Boot Barn, Best Buy, Freddy's, Taco Bell, KFC, and many more. Within the last 6 years, Highland Square and the surrounding area have experienced extreme growth and development, further highlighting this intersection as one of the hottest growth areas in the Jonesboro market.
Nathan Eller
Haag Brown Commercial
