7301 Victory Blvd Newport, AR 72112
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234,832 SF Warehouse - Sale/Lease
Property size:
234,832 SFProperty Features for 7301 Victory Blvd
General Information
- Property type
- Distribution properties
- Square Feet
- 234,832 SF
- Class
- C
- Lot Size
- 1,036,728 SF
Building Details
- Year Built/Renovated
- 1950/2021
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agency: Keller Williams Realty Listing Agent: Johnny Mitchum
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This expansive 234,832-square-foot industrial warehouse in Newport, Arkansas, presents a significant investment opportunity. Situated on 23.8 acres with frontage on three streets, this Class C building offers convenient access to US-67 (2.3 miles), I-555 (30 miles), I-55 (55 miles), I-30 and I-40 (85 miles). The property boasts 11 dock-high doors and 2 loading docks, complemented by a ceiling height of 22.08 feet (peak) and 11.08 feet (eaves). Substantial renovations in 2021 included new roofing, LED lighting, insulation, and overhead door repairs/replacements. The building is currently vacant and available for sale at $4,696,640 ($20/sq ft) or lease (NNN, $2.35/sq ft), with multi-tenancy options (minimum 100,000 sq ft). Zoned for industrial use, this single-story structure features 1,005,364 square feet of air rights. Its strategic location near the Newport Municipal Airport and Arkansas State University Newport Campus adds further appeal. The property's multiple ingress/egress points onto Victory Boulevard and Comet Drive enhance its operational efficiency. Built in 1950, this well-maintained facility offers significant potential for various industrial uses, including distribution and manufacturing. The property's location offers easy access to major transportation corridors, connecting it to St. Louis, Memphis, and Little Rock.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Jackson
- State
- Arkansas
- Longitude
- -91.194561395612
- Latitude
- 35.639760409907
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - 234,832 SF Warehouse - Sale/Lease
Where is this distribution property located?
The property is located at 7301 Victory Blvd Newport, AR.
What is the asking price?
The asking price for this property is $4,696,640.
What are key features of this property?
This property features: 234,832 SF industrial warehouse on 23.8 acres in Newport, AR.; Major highway access: 2.3 miles to US-67, 30 miles to I-555, 55 miles to I-55, 85 miles to I-30 & I-40.; Extensive 2021 renovations including roof, LED lighting, insulation, and overhead doors.