Property summary
This exceptional investment opportunity presents a state-of-the-art, single-tenant, Class-A warehouse and distribution center, fully occupied by Lowe's. Located at 13101 US-70, North Little Rock, Arkansas, 72117, this 1,200,540 square foot facility boasts a newly constructed, single-story building completed in 2023. The property features 196 loading docks, 120 dock-high doors, and a substantial 36-foot ceiling height, providing ample space for efficient operations. Parking is readily available with 250 spaces. The property benefits from a strong 10-year lease with Lowe's, a highly reputable investment-grade tenant, ensuring consistent income. The lease includes attractive annual rent escalations of 2.5%, providing built-in growth potential. Situated in the Pulaski County area, this asset is strategically positioned within the Little Rock MSA, Arkansas's largest industrial market, currently experiencing low vacancy rates (3.2%) due to limited new construction. The Little Rock MSA offers significant advantages, including low corporate income taxes (recently reduced to 5.3%), an affordable cost of living, and a high quality of life, making it an attractive location for businesses. The asking price for this exceptional property is $95,388,360. This represents a compelling investment opportunity in a thriving market with a secure, long-term tenant.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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