$12,935,000 USD
858-373-3184
751 Harkrider St
Conway, AR 72032
Downtown Conway
HIGHLIGHTS
- 14+ Year Absolute Net Lease Featuring 2% Annual Rental Increases throughout the Initial Term and Options. Roof Replaced in 2023-2024.
- Below Market Rent and Large 31 Acre Lot. Location Utilized as a Full-Service Facility, Stamping, Fabrication, Welding, Assembly, and Paint Line.
- DBG Specializes in Custom Metal Manufacturing, delivering Components and Value-Added Services to OEMs Across Automotive, Commercial Vehicle, etc.
- Conway has Experienced Significant Growth, leading to the Development of new Residential Areas and Commercial Establishments.
- Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
- Part of the PILOT Program - Payment in Lieu of Taxes, can provide Significant Tax Savings during the Lease Term for the Tenant.
OVERVIEW
DBG – The De Biasi Group Full Service Facility | Bonus Depreciation | 14+ Year Absolute Net Lease | Below Market Rent ($2.35/SF) | 2% Annual Increases | 50+ Years of Experience in Custom Metal Manufacturing | New 2023-24 Roof | Near University of Central Arkansas - One of the Largest Universities in the State | In Close Proximity to I-40 | Strong Daytime Employment Area | Minutes from Medical Center
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$12,935,000 USD
PRICE/SF
$19 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CUSTOM METAL MANUFACTURING FACILITY | NNN
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
ADD'L SUBTYPES
Storefront, Distribution, Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1954
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
31
LAND SF
1,350,360
ZONING
-
APN/PARCEL ID
710-08094-000I,710-08493-000,710-08495-000I,710-08533-001I
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858-373-3184
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858-373-3184
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