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30084740
30084741

2800 Fair Park Blvd., Jonesboro, AR 72401 For Sale

MD
TX 657251
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$5,728,000
108 days on market
Updated 108 days ago

SRS Distribution

Details
Property Type Industrial, Special Purpose
Sub Type Distribution, Warehouse
Square Footage 26,000
Units 1
Cap Rate 7.5%
NOI $429,600
Occupancy 100%
Tenancy Single
Brand/Tenant Home Depot, Lowe's (+3)
Lease Type NN
Lease Term 7
Lease Expiration 02/28/2031
Remaining Term 4.9
Rent Bumps Yes
Lease Options Two (2), 5-Year; 10%
Price per SqFt $220
Year Built 2014
Year Renovated 2024
Acreage 6.380
Investment Type Net Lease
Lease Commencement 02/02/2024
Ownership Fee Simple

Parent Company: Home Depot | 6+ Acre Parcel | 26,000 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a SRS Distribution in Jonesboro, AR. The subject property is a large 6.38-acre property, surrounded by national anchors including Walmart, Hobby Lobby, Sam’s Club, Tractor Supply, Lowe’s, Kohl’s, and more.

Property Website: https://trinityreis.com/listing/2800-fair-park-blvd/

In cooperation with Brian Brockman at Bang Realty-Arkansas Inc | AR #PB00082359 | [email protected] | (513) 898-1551

Investment highlights

  • Home Depot Purchased SRS Distribution Inc in 2024

  • 10% Increase After Year 7, Followed by an Additional 10% Increase Every Five Years Thereafter

  • Large 6.38‑Acre Property Positioned Within a Strong, Established Industrial Corridor

  • High‑Visibility Fair Park Blvd Frontage With Easy Access to Major Jonesboro Thoroughfares

  • Surrounded by National Anchors Including Walmart, Hobby Lobby, Sam’s Club, Tractor Supply, Lowe’s, Kohl’s, Academy Sports, and Several Major Auto Dealerships

  • Strong Demographics With 77,000+ Residents Within a 5‑Mile Trade Area

  • Located Within the Growing Jonesboro Market, one of Arkansas’ Most Dynamic Economic Hubs

Listing Contacts

MD
TX 657251
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$429,600.00
$35,800.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Brian Brockman
License
AR #PB00082359
Brokerage
Bang Realty-Arkansas Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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