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Profit From A Popular Address
Caraway Plaza Shopping Center puts you in the center of activity. The
city’s most prominent community center, Caraway Plaza is in the heart
of the retail district. Arkansas State University, the state’s second
largest university, is just a half mile away.
Anchor Stores Include:
- Hastings Books Music Video
- PetCo
- Barnhill's Country Buffet
- T.J. Maxx
- Old Navy
Surrounding Area:
- 325,587 primary market residents
- 440,229 primary, secondary and tertiary market residents
Market Potential
Within the region no shopping experience is comparable to the kind of
shopping consumers find in Jonesboro. In 2000, residents in the Northeast
Arkansas region will spend aproximately $2.7 billion in retail sales.
Expenditures are expected to rise due to the tremendous economic growth
of Jonesboro, attracting new industries like the Haworth and Frito Lay
plants and creating over 600 new jobs in existing industries during the
past 18–24 months.
Northeast Arkansas
Retail Trade Area
2000 Retail Sales (Projected)* |
Total:
$2,768,611,000 |
Food Stores:
$541,135,000 |
Eating & Drinking:
$234,205,000 |
General Merchandise Stores:
$628,618,000 |
Apparel & Accessories Stores:
$116,625,000 |
Furniture/Appliances/Home Furnishings:
$128,293,000 |
Automotive:
$998,014,000 |
Drug:
$112,721,000 |
*Editor & Publisher Market Guide 2000
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Market Facts
- Residential, commercial and industrial growth passed
130 million in 1999, with 992 building permits issued
- Impressively low unemployment rate of 3.9%
- Home to Akransas State University—2,200 Employees
and 10,000 Students
- Nearby St. Bernard’s Regional Medical Center—1,500
Employees
- Home to National Manufacturing Companies:
Hytrol Conveyor Company—819 Employees
World Color of America, Inc.—820 Employees
Wal-Mart Supercenters (2)—848 Employees
Frolic Footwear—475 Employees
Delta Consolidated Industries—350 Employees
Arkansas Glass Container—378 Employees
Trailmobile, Inc.—530 Employees
General Electric Company—307 Employees
Haworth—242 Employees
Frito Lay—300 Employees
Thomas & Betts—400 Employees
- Home to the nation’s largest rice mill:
Riceland Foods—350 Employees
Primary Population:
325,587 |
Secondary Population:
62,467 |
Tertiary Population:
48,235 |
Households:
29,600 |
Income:
Average: $50,601
Median: $38,196 |
Traffic Counts (cars per day):
Caraway Road
28,000
Nettleton Avenue
17,000 |
• In Jonesboro, new building permits have set a record for 15 years
in a row.
–Arkansas Business
For more information, call
Belz•Burrow at (870)932-1400.
Brokerage Division,
Belz Enterprises (901)260-7348
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