10624 Otter Creek East Blvd - Warehouse FOR SALE


Mabelvale, AR 72103
$1,200,000 USD
303-328-2016
10624 Otter Creek East Blvd, Mabelvale, AR for Sale
$1,200,000 USD
Warehouse - FOR SALE
1/5
null | 8.15% Cap Rate

10624 Otter Creek East Blvd
Mabelvale, AR 72103


HIGHLIGHTS

  • 100% Occupied 14,455-Square-Foot Single-Tenant Industrial Asset Situated on 0.84 Acres
  • Featuring a 14' Clear Height, One Dock-High Door, One Grade-Level Door, Metal Construction, and I-2 Zoning
  • Fully Leased to MOC Products Group, Leading Manufacturer/Distributor of Innovative Automotive Products
  • Triple-Net Lease Through December 2030 at $5.56/SF
  • Close Proximity to I-30 and I-430 Interchange, 13 Miles SW of Downtown Little Rock

OVERVIEW

The property is a single-tenant industrial asset that spans 14,455 square feet and is situated on 0.84 acres of land. This industrial building is fully leased to MOC Products Group, a leading manufacturer and distributor of innovative automotive products. The lease agreement is a triple-net lease that runs through December 2030 at a rate of $5.56 per square foot. The fact that the property is fully leased to a single tenant simplifies management and maintenance responsibilities. The NNN lease agreement also shifts the burden of property expenses to the tenant, providing a stable source of income for the property owner. Zoned I-2, the property allows for a variety of industrial uses. The metal construction of the building provides a durable and low-maintenance structure. The building features a clear height of 14 feet, which provides ample space for industrial operations and storage. The presence of one dock-high door and one grade-level door facilitates efficient loading and unloading of goods. The property's design and layout are well-suited for a manufacturing and distribution operation like MOC Products Group. The property's location is strategic, being situated along the interchange between Interstates 30 & 430, 13 miles southwest of downtown Little Rock. The area benefits from easy access to major transportation routes, making it an ideal location for industrial operations.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

8.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.84

LAND SF

36,590

ZONING

I-2

APN/PARCEL ID

45L-049-00-003-04

ASK ABOUT THIS PROPERTY

Alyssa TombackMarcus & MillichapMore Info
303-328-2016

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Alyssa TombackMarcus & MillichapMore Info
303-328-2016

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