Convenience store, Dairy Queen top commercial real estate deals

by Talk Business & Politics staff ([email protected]) 1,110 views 

Nomads Pit Stop Inc. made the most significant residential and commercial property transfer in Craighead County Oct. 15 through Nov. 15, according to the Craighead County Assessor’s Office. The company spent $2.225 million to buy a convenience store on Commerce Drive. The deal was completed Oct. 21.

McGil Holdings LLC made the second most significant real estate purchase in the region during the period. It bought a Dairy Queen for $965,000. The deal was completed Oct. 28.

In the third largest real estate deal in the region, Two Rivers Farm Inc. bought 160 acres on Highway 230. The deal was for $924,753 and it was completed Oct. 22.

The following are the other top transactions during the period in the county.

Transaction amount: $845,000
Seller: John and Kacey Lieblong
Buyer: Troy and Jennifer Brooks
Sale date: Oct. 16
Address: N/A
Description: house

Transaction amount: $679,000
Seller: Tommy and Sara Westbrook
Buyer: Janet and Wesley Minear
Sale date: Oct. 23
Address: The Oaks Subdivision
Description: house

Transaction amount: $575,000
Seller: Long Point Enterprises LLC
Buyer: Ava Grace Properties LLC
Sale date: Nov. 6
Address: 421 Brookstone Drive
Description: dental office

Transaction amount: $520,000
Seller: Winblad Qualified Spousal Trust
Buyer: Steven D Stroud
Sale date: Oct. 28
Address: N/A
Description: house

Transaction amount: $510,450
Seller: Jonesboro Economic Development Corporation
Buyer: Camfil USA
Sale date: Nov. 6
Address: Nestle Road
Description: acres

Transaction amount: $505,000
Seller: Arkansas Knifeworks LLC
Buyer: BP Fabrication LLC
Sale date: Oct. 27
Address: 6111 S. Highway 1
Description: manufacturing building

Transaction amount: $444,000
Seller: Sims and Blancett Inc.
Buyer: Stephen and Molly Goodart
Sale date: Oct. 30
Address: Lakepointe Estates
Description: house