Food Grade Warehouse For
For Sale
Contact for pricing
6005 Scott Hamilton Dr, Little Rock, AR 72209
55,837 SF U.S. Customs bonded warehouse with easy access.
Property Size55,837 SF
Price / SF$65.37
Days on Market1059
Property Features for 6005 Scott Hamilton Dr
General Information
Standard status
Active
Size
55,837 SF
Class
B
Property subtype
Industrial
Zoning
I-2
Building Details
Year Built
1961
Buildings
1
Stories
1
Listing Agency:
Moses Tucker Partners
Listed By:
Fletcher Hanson · License #PB00042821-D02
(501) 376-6555
Source:
Crexi
Added: Nov 13, 2023
Changed: Oct 7
Last Checked: Oct 7 at 12:41PM
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 55,837 square foot warehouse is a bonded U.S. Customs warehouse and an approved Level II SQF food grade warehouse. The building features 3-phase power, ranging from 300 to 600 amps. Constructed with block and brick, the warehouse benefits from skylights that provide natural interior lighting. All warehouse lighting has been converted to LED within the last 3 years. The office space received a new roof and HVAC system in 2023. The interior provides a 16-foot ceiling height under the beam and 18 feet to the deck, with column spacing of 30 feet by 30 feet. The building is fully sprinkled and includes 3 dock-high doors equipped with bumpers and manual levelers, along with one ground-level drive-in door. A fenced yard area is included. The property offers easy access to I-30.
Key Highlights
- Approved Level II SQF Food Grade Warehouse
- Bonded U.S. Customs Warehouse
- Easy access to I‑30
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$254,834
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,096,680
$5.1M
Cap Rate 7%
$3,640,486
$3.6M
Cap Rate 9%
$2,831,489
$2.8M
Market Conditions
NOI Build-Up for 55,837 SF
Gross rent
$314.9K $5.64/SF
− Vacancy
−$15.1K −$0.27/SF
EGI
$299.8K $5.37/SF
− OpEx
−$45.0K −$0.81/SF
NOI
$254.8K $4.56/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,096,680
Cap Rate 7%
$3,640,486
Cap Rate 9%
$2,831,489
Alternative Uses
Best Use
Warehouse
$3.64M
$3.19M – $4.25M
NOI $254,834 @ 7.0% cap · market cap 6.98%
Second Best
Industrial
$3.00M
$2.62M – $3.50M
NOI $209,863 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$10.14M
$8.88M – $11.83M
NOI $710,038 @ 7.0% cap · market cap 19.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72209, AR
31,641
Population
13,863
Households
2.3
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
18.3 sq mi
ZIP Area
1,729
Density / Sq Mi
$40,267
Median Household Income
$32,681
Median Earnings
$982
Median Rent
$99,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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- River City Cold Storage — 5301 Scott Hamilton Dr, Little Rock, AR 72209
Frequently Asked Questions
What type of property is this?
Warehouse - 55,837 SF U.S. Customs bonded warehouse with easy access.
Where is this warehouse located?
The property is located at 6005 Scott Hamilton Dr Little Rock, AR.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Approved Level II SQF Food Grade Warehouse; Bonded U.S. Customs Warehouse; Easy access to I‑30
