13101 Highway 70 - Distribution FOR SALE


North Little Rock, AR 72117
$87,439,316 USD
404-551-2068
13101 Highway 70, North Little Rock, AR for Sale
$87,439,316 USD
Distribution - FOR SALE
1/11
null | 6% Cap Rate

13101 Highway 70
North Little Rock, AR 72117


HIGHLIGHTS

  • New State-of-the-Art Construction
  • Attractive Lease
  • Investment Grade Tenant
  • Excellent Location
  • Great Market
  • Distribution

OVERVIEW

The Net Lease Group exclusively offers for sale a newly constructed, freestanding, single-tenant, class-A warehouse and distribution center, fully occupied by Lowe’s Home Centers, LLC (the “Tenant”), a subsidiary of Lowe’s Companies, Inc. (the “Guarantor” or “Lowe’s”). The Guarantor has a BBB+/Baa1, Stable (S&P/Moody’s) credit rating and is the second largest retail hardware chain in the United States. The offering consists of fee simple interest in +/- 115.09 acres of land improved with a +/- 1,200,540 SF class-A warehouse and distribution center (the “Property”). This opportunity allows prospective investors to acquire an institutional quality asset 100% triple net (NNN) leased to Lowe’s Home Centers, LLC and guaranteed by Lowe’s Companies, Inc., generating stable and predictable cash flow throughout the lease term.

FOR SALE DETAILS

PRICE

$87,439,316 USD

PRICE/SF

$73 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lowe's Distribution Facility

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

36 Ft

DOCKS

196

DRIVE INS

4

PARKING SPACES

788

LAND DETAILS

LAND ACRES

115.1

LAND SF

5,013,756

ZONING

-

APN/PARCEL ID

13N-030-00-001-00

ASK ABOUT THIS PROPERTY

Esmael HillThe Net Lease GroupMore Info
404-551-2068

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Esmael HillThe Net Lease GroupMore Info
404-551-2068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.