Log In/Sign Up
Your email has been sent.
CUSTOM METAL MANUFACTURING FACILITY | NNN 751 Harkrider St 427,198 SF Industrial Building Conway, AR 72032 $12,935,000 ($30.28/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 14+ Year Absolute Net Lease Featuring 2% Annual Rental Increases throughout the Initial Term and Options. Roof Replaced in 2023-2024.
- DBG Specializes in Custom Metal Manufacturing, delivering Components and Value-Added Services to OEMs Across Automotive, Commercial Vehicle, etc.
- Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
- Below Market Rent and Large 31 Acre Lot. Location Utilized as a Full-Service Facility, Stamping, Fabrication, Welding, Assembly, and Paint Line.
- Conway has Experienced Significant Growth, leading to the Development of new Residential Areas and Commercial Establishments.
- Part of the PILOT Program - Payment in Lieu of Taxes, can provide Significant Tax Savings during the Lease Term for the Tenant.
EXECUTIVE SUMMARY
DBG – The De Biasi Group Full Service Facility | Bonus Depreciation | 14+ Year Absolute Net Lease | Below Market Rent ($2.35/SF) | 2% Annual Increases | 50+ Years of Experience in Custom Metal Manufacturing | New 2023-24 Roof | Near University of Central Arkansas - One of the Largest Universities in the State | In Close Proximity to I-40 | Strong Daytime Employment Area | Minutes from Medical Center
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- DBG - The De Biasi Group Full Service Facility
- Manufacturing
- 427,198 SF
- -
- Triple Net
- Dec 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| DBG - The De Biasi Group Full Service Facility | Manufacturing | 427,198 SF | - | Triple Net | Dec 2039 |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $902,015 | |
| Land Assessment | $305,419 | Total Assessment | $1,207,434 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$305,419
Improvements Assessment
$902,015
Total Assessment
$1,207,434
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
CUSTOM METAL MANUFACTURING FACILITY | NNN | 751 Harkrider St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.