1 Harold Ives Drive, North Little Rock, AR
Industrial | 42,174 SqFt
Marketing description
INDUSTRIAL/TRANSPORTATION TERMINAL FOR SALE - 1 Harold Ives Drive, North Little Rock, Arkansas
Large Transportation Campus: ±15.42-acre truck operation with specialized improvements including multiple shop bays, wash bay, and office/residential quarters.
Tenant Stability: Long-term transportation-related tenant with options to extend the lease up to 20 years.
Rent Step-Ups: Scheduled increases every five years, providing incremental income growth.
Right of First Refusal: Tenant holds a Right of First Refusal in the event of a sale.
Unique Flexibility: In the event Tenant does not exercise the ROFR and the property sells, the new owner has the right to terminate the lease after 9 months with 60 days' notice.
Strategic Location: Excellent access to public roadways, supporting regional and national transportation operations – minutes from I-440 and I-40.
Investment highlights
INDUSTRIAL/TRANSPORTATION TERMINAL FOR SALE - 1 Harold Ives Drive, North Little Rock, Arkansas
Large Transportation Campus: ±15.42-acre truck operation with specialized improvements including multiple shop bays, wash bay, and office/residential quarters.
Tenant Stability: Long-term transportation-related tenant with options to extend the lease up to 20 years.
Rent Step-Ups: Scheduled increases every five years, providing incremental income growth.
Right of First Refusal: Tenant holds a Right of First Refusal in the event of a sale.
Unique Flexibility: In the event Tenant does not exercise the ROFR and the property sells, the new owner has the right to terminate the lease after 9 months with 60 days' notice.
Strategic Location: Excellent access to public roadways, supporting regional and national transportation operations – minutes from I-440 and I-40.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
