13101 Us-70 North Little Rock, AR 72117
- Warehouses
- 1,200,540 SF
Current Use by Public Records
- Warehouses
Property Details for 13101 Us-70
- Year built
- 2023
- Property size
- 1,200,540 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.1205
- Latitude
- 34.7732
