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419 E Robinson Ave 22,269 SF 100% Leased Industrial Building Springdale, AR 72764 $2,600,000 ($116.75/SF) 8.56% Cap Rate
Executive Summary
Value add to increase rents to 222,690 at $10psf/NNN
Long term tenants at below market rents.
Both tenants are interested in remaining in the space long term
• Can be bought for Owner/User or as an established Investment
• Value Add Opportunities through increasing rents
• Excellent location on Hwy 412 between Hwy 71B and Hwy 265
• 18 Overhead Doors
• Loading Docks
• Building is Fully Sprinkled
• Ample Parking
Long term tenants at below market rents.
Both tenants are interested in remaining in the space long term
• Can be bought for Owner/User or as an established Investment
• Value Add Opportunities through increasing rents
• Excellent location on Hwy 412 between Hwy 71B and Hwy 265
• 18 Overhead Doors
• Loading Docks
• Building is Fully Sprinkled
• Ample Parking
Property Facts
| Price | $2,600,000 | Rentable Building Area | 22,269 SF |
| Price Per SF | $116.75 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1981 |
| Cap Rate | 8.56% | Parking Ratio | 1.8/1,000 SF |
| Property Type | Industrial | No. Dock-High Doors/Loading | 7 |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 20 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.89 AC | ||
| Zoning | C2 - Commercial | ||
| Price | $2,600,000 |
| Price Per SF | $116.75 |
| Sale Type | Investment |
| Cap Rate | 8.56% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 2.89 AC |
| Rentable Building Area | 22,269 SF |
| No. Stories | 2 |
| Year Built | 1981 |
| Parking Ratio | 1.8/1,000 SF |
| No. Dock-High Doors/Loading | 7 |
| No. Drive In / Grade-Level Doors | 20 |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial |
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Property Taxes
| Parcel Number | 815-29241-000 | Improvements Assessment | $176,100 |
| Land Assessment | $89,800 | Total Assessment | $265,900 |
Property Taxes
Parcel Number
815-29241-000
Land Assessment
$89,800
Improvements Assessment
$176,100
Total Assessment
$265,900
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419 E Robinson Ave
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