$8 million convenience store sale tops NEA transactions

by George Jared ([email protected]) 1,422 views 

FRG Jonesboro LLC made the most significant residential and commercial property transfer in Craighead County from Dec. 15 to Jan. 15 according to the Craighead County Assessor’s Office. It spent 

$8 million on the Kum & Go on East Johnson. The deal was completed on Dec. 23.

Rodimeyer III LLC made the second most significant real estate purchase in the county during the period. It bought a convenience store on Stadium Drive for $3.44 million and the deal was completed Dec. 30.

In the third largest transaction in the county, 2100 Red Wolf LLC bought a shopping center on Red Wolf Boulevard. The deal was for $1.863 million and was completed Dec. 30.

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

 

Transaction amount: $1.658 million

Seller: Krispy Creme of Jonesboro LLC 

Buyer: Gamble Brothers LLC

Sale date: Dec. 9

Address: 2821 E. Highland Drive

Description: restaurant 

 

Transaction amount: $1.38 million 

Seller: Trans Development LLC 

Buyer: Jared & Anna Living Trust 

Sale date: Dec. 23 

Address: Washington Avenue 

Description: shopping center

 

Transaction amount: $1.31 million

Seller: Fowler Foods Inc. 

Buyer: TFI LLC 

Sale date: Dec. 22 

Address: 5847 Highway 1 

Description: warehouse

 

Transaction amount: $1.3 million 

Seller: JTown Development LLC 

Buyer: RRP Capital LLC 

Sale date: Dec. 18

Address: Greensborough Village

Description: acres

 

Transaction amount: $1.24 million

Seller: Fowler Foods Inc 

Buyer: TFI LLC 

Sale date: De. 22 

Address: 139 Southwest Drive 

Description: office building

 

Transaction amount: $1.039 million

Seller: E Sound American Investments LLC 

Buyer: Systems Contracting LLC 

Sale date: Dec. 19 

Address: Mathews Avenue 

Description: office building

 

Transaction amount: $653,400 

Seller: Seeman Family Investments 

Buyer: Clairday Food Service Entreprises 

Sale date: De. 15 

Address: Greensborough Village 

Description: acres