2709 Eastline Rd Searcy, AR 72143
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Searcy, AR multi-tenant warehouse
Property size:
18,750 SFProperty Features for 2709 Eastline Rd
General Information
- Property type
- Distribution properties
- Square Feet
- 18,750 SF
- Class
- C
Building Details
- Year Built
- 1995
- Buildings
- 2
- Stories
- 1
- Units
- 8
Listing Agency: Dalrymple Real Estate Listing Agent: Jose Colunga
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 18,750 square foot multi-tenant industrial property located at 2709 Eastline Rd, Searcy, AR 72143. The property, situated on approximately 1.34 acres with 67/167 frontage, comprises two single-story metal buildings constructed in 1995. Currently boasting 100% occupancy with eight tenants, including lawn care businesses, contractors, mechanics, and personal shops, the property generates a current NOI of $67,830, representing a 7.45% cap rate. The property's strong occupancy history and potential for rent increases suggest a significant value-add opportunity, with a pro-forma NOI projected at $94,830 and a pro-forma cap rate of 10.42%. The asking price is $910,000, translating to $48.53 per square foot. The property is zoned U-T and features a mix of flex, manufacturing, and warehouse space, making it ideal for owner-users or investors seeking strong cash flow and appreciation potential in a thriving market. The property is classified as Class C and is currently operating as a multi-tenant investment with no tenant credit rating. This is a rare opportunity to acquire a well-established, income-producing industrial property in a rapidly growing area.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Ferricher Lawn Care
Landscaping
Doug James Plumbing
Plumbing Service
Location Insight
- Map
- Local Demand
- City
- Searcy
- County
- White
- State
- Arkansas
- Longitude
- -91.7214275
- Latitude
- 35.2148253
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FAQs
What type of property is this?
Distribution property - Searcy, AR multi-tenant warehouse
Where is this distribution property located?
The property is located at 2709 Eastline Rd Searcy, AR.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: 18,750 SF multi-tenant industrial property on ~1.34 acres in Searcy, AR.; 100% occupied with eight tenants, generating $67,830 NOI (7.45% cap rate).; Pro-forma NOI projected at $94,830 (10.42% cap rate).