Bad Boy Mowers Leased Land and Building
Industrial | 9.25% CAP | 234,832 SqFt
Marketing description
This 234,832,00+/- sq ft industrial building in Newport, AR is strategically located near the Newport Municipal Airport and the Arkansas State University Newport Campus. At only 2.3 miles to US-67, this well-maintained industrial/warehouse/distribution facility is situated on 23.5+/- level acres and has frontage on three streets. Property has many improvements completed in 2023, including repaired or replaced overhead doors, new LED lighting throughout, new roofing, new insulation, and more. See complete list of improvements in the brochure. In addition to the listed owner improvements, the tenant has added about $1,000,000 in improvements.
Investment highlights
Located only 2.36 miles from US-67, a major corridor from central Arkansas to St. Louis, MO.
Extensive interior and exterior improvements completed in 2023, including repaired & replaced dock-high and grade level doors, new 3-phase electric, new LED lighting throughout, new roofing panels and full roof silicone coating. Complete list of improvements in brochure.
Only 30 miles SW of Jonesboro, 80 miles NW of Memphis, and 85 miles NE of Little Rock
Ingress/Egress onto both Victory Boulevard and Comet Drive
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