Four-Building Industrial Warehouse
For Sale
Contact for pricing
67 INTERSTATE DR MAYFLOWER AR 72106, Mayflower, AR 72106
Four industrial and flex buildings totaling 26,700 SF with substantial Interstate frontage for storage or light industrial users.
Property Size26,700 SF
Price / SF$131.09
Days on Market56
Property Features for 67 INTERSTATE DR MAYFLOWER AR 72106
General Information
Standard status
Active
Size
26,700 SF
Property subtype
Industrial
Building Details
Year Built
1991
Listing Agency:
Moses Tucker Partners
(501) 358-8280
Listed By:
Clint Bailey · License #SA00073895
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 10 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moses Tucker Partners
Investment Insights
Based on property information with market context.
This offering includes four separate storage/warehouse/office buildings totaling approximately 26,700 SF on 6.44 acres. Building 1 is about 7,500 SF and configured as an office/warehouse. Buildings 2, 3, and 4 comprise approximately 3,200 SF, 10,000 SF, and 6,000 SF, respectively, with warehouse and industrial use configurations across the portfolio. The buildings were developed in 1991 (Buildings 1–2) and 1994 (Buildings 3–4). Two existing ground leases are in place for Lamar billboards.
The property has 728 feet of frontage along Interstate 40/Interstate Dr and is positioned for high visibility along a major transportation corridor with reported traffic volumes of approximately 74,000 vehicles per day. The asset sits in Mayflower, between Conway and Little Rock, and is described as being near Lumber One Home Center, Harps Food Stores, and Sonic Drive-In, supporting a commercial, consumer-oriented setting.
With multiple buildings and a mix of warehouse and office/warehouse space, the portfolio can fit owner-users such as contractors, storage operators, and service-commercial users, as well as flex industrial tenants seeking flexible configurations. Buyers also have the ability to manage a multi-building industrial platform on a single site with prominent interstate exposure and existing billboard ground leases.
The property has 728 feet of frontage along Interstate 40/Interstate Dr and is positioned for high visibility along a major transportation corridor with reported traffic volumes of approximately 74,000 vehicles per day. The asset sits in Mayflower, between Conway and Little Rock, and is described as being near Lumber One Home Center, Harps Food Stores, and Sonic Drive-In, supporting a commercial, consumer-oriented setting.
With multiple buildings and a mix of warehouse and office/warehouse space, the portfolio can fit owner-users such as contractors, storage operators, and service-commercial users, as well as flex industrial tenants seeking flexible configurations. Buyers also have the ability to manage a multi-building industrial platform on a single site with prominent interstate exposure and existing billboard ground leases.
Key Highlights
- Four industrial/storage buildings totaling 26,700 SF: 7,500 SF (office/warehouse), 3,200 SF (warehouse), 10,000 SF (warehouse), and 6,000 SF (industrial).
- On 6.44 acres with 728 feet of frontage on Interstate 40/Interstate Dr.
- Interstate 40 traffic counts of about 74,000 VPD for high‑visibility positioning.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$162,139
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,242,780
$3.2M
Cap Rate 7%
$2,316,271
$2.3M
Cap Rate 9%
$1,801,544
$1.8M
Market Conditions
NOI Build-Up for 26,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$265.9K $9.96/SF
− Vacancy
−$16.5K −$0.62/SF
EGI
$249.4K $9.34/SF
− OpEx
−$87.3K −$3.27/SF
NOI
$162.1K $6.07/SF
Area
Faulkner County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,242,780
Cap Rate 7%
$2,316,271
Cap Rate 9%
$1,801,544
Alternative Uses
Best Use
Flex RnD
$2.32M
$2.03M – $2.70M
NOI $162,139 @ 7.0% cap · market cap 4.63%
Second Best
Warehouse
$1.74M
$1.53M – $2.03M
NOI $122,008 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$6.09M
$5.33M – $7.10M
NOI $426,299 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72106, AR
5,206
Population
2,602
Households
2
Avg Household Size
44
Median Age
25%
College-Educated
86%
High-School Grad
52.4 sq mi
ZIP Area
99
Density / Sq Mi
$59,375
Median Household Income
$38,630
Median Earnings
$855
Median Rent
$173,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Four industrial and flex buildings totaling 26,700 SF with substantial Interstate frontage for storage or light industrial users.
Where is this flex space located?
The property is located at 67 INTERSTATE DR MAYFLOWER AR 72106 Mayflower, AR.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Four industrial/storage buildings totaling 26,700 SF: 7,500 SF (office/warehouse), 3,200 SF (warehouse), 10,000 SF (warehouse), and 6,000 SF (industrial).; On 6.44 acres with 728 feet of frontage on Interstate 40/Interstate Dr.; Interstate 40 traffic counts of about 74,000 VPD for high‑visibility positioning.
