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The
Perfect Place to Shop
RidgePark Center, anchored by a Wal-Mart Supercenter,
with 25,000 sq. ft. of additional shop space is located
in prosperous West Jonesboro at the interchange of
Highway 226 (Woodsprings Road) and U.S. Highway 63
By-Pass.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 approximately $2.7 billion in retail sales.
Expenditures are expected to rise due to the tremendous economic growth
of Jonesboro, attracting new industries like the Frito Lay and Haworth
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:
$243,205,000 |
General Merchandise Stores:
$628,618,000 |
Apparel:
$116,625,000 |
Furniture/Appliances/Home Furnishings:
$128,293,000 |
Automotive:
$998,014,000 |
Drug:
$112,721,000 |
*Editor & Publisher Marketing 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 3.6%
- Home to Arkansas State University—2,200 Employees,
10,000 Students
- 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
Walmart Super Centers (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 |
For more information, call
Belz•Burrow at (870)932-1400.
Brokerage Division,
Belz Enterprises (901)260-7348
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