Merger & Acquisition Specialists
Listed by Merger & Acquisition Specialists
$625,000
North Little Rock Warehouse For Sale
Details
APN 1
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 16,975
Net Rentable (SqFt) 16,975
Cap Rate 10.24%
NOI $64,000
Tenancy Single
Price per SqFt $37
Broker Co-Op Yes
Class C
Year Built 1963
Year Renovated 2016
Buildings 1
Stories 2
Acreage 0.800
Zoning C
Investment Type Owner/User
Ceiling Height 20 ft
Ownership Private Owner
Spacious warehouse in good shape. Owner occupied currently as a 40 year old siding business.
Marketing description
INDUSTRIAL WAREHOUSE FOR SALE
This warehouse was formerly Harris Siding & Supply - a 40 year old siding and building supply business. The business has since ceased operations and the warehouse is vacant. The seller desires to sell the warehouse. A lease may be available as well.
The warehouse vitals are:
• +/- 16,975 square feet
• Zoned Commercial / Industrial
• 0.8 +/- acres of land
ASKING PRICE $625,000
Real Estate = $625,000
Investment highlights
Building housed a very profitable siding and supply business for over 40 years.
Space can be subdivided and leased out by a new owner.
Priced below Market Value based on a 2 year old broker’s price opinion.
Listing Contacts
Merger & Acquisition Specialists
Listed by Merger & Acquisition Specialists
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,000.00
$5,333.33/mo
Valuation Metrics
0
DSCR
10.24%
Cap Rate
10.24%
ROI
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