1 Harold Ives Dr - Warehouse FOR SALE


North Little Rock, AR 72117
$2,500,000 USD
501-952-4975
1 Harold Ives Dr, North Little Rock, AR for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/42
null | Request Cap Rate

1 Harold Ives Dr
North Little Rock, AR 72117


HIGHLIGHTS

  • ±15.42-acre truck operation with specialized improvements including multiple shop bays, wash bay, and office/residential quarters
  • Long-term transportation-related tenant with options to extend the lease up to 20 years
  • Scheduled increases every five years, providing incremental income growth
  • Tenant holds a Right of First Refusal in the event of a sale
  • Excellent access to public roadways, supporting regional and national transportation operations – minutes from I-440 and I-40

OVERVIEW

INDUSTRIAL/TRANSPORTATION TERMINAL FOR SALE - 1 Harold Ives Drive, North Little Rock, Arkansas Large Transportation Campus: ±15.42-acre truck operation with specialized improvements including multiple shop bays, wash bay, and office/residential quarters. Tenant Stability: Long-term transportation-related tenant with options to extend the lease up to 20 years. Rent Step-Ups: Scheduled increases every five years, providing incremental income growth. Right of First Refusal: Tenant holds a Right of First Refusal in the event of a sale. Unique Flexibility: In the event Tenant does not exercise the ROFR and the property sells, the new owner has the right to terminate the lease after 9 months with 60 days' notice. Strategic Location: Excellent access to public roadways, supporting regional and national transportation operations – minutes from I-440 and I-40.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

11

PARKING SPACES

60

LAND DETAILS

LAND ACRES

20

LAND SF

871,200

ZONING

I-2

APN/PARCEL ID

23N-034-01-020-02

ASK ABOUT THIS PROPERTY

Fletcher HansonMoses Tucker PartnersMore Info
501-952-4975

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Fletcher HansonMoses Tucker PartnersMore Info
501-952-4975

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.