4617 Taylor St - Warehouse FOR SALE


North Little Rock, AR 72117
$1,800,000 USD
501-551-9032
4617 Taylor St, North Little Rock, AR for Sale
$1,800,000 USD
Warehouse - FOR SALE
1/16
null | 7.56% Cap Rate

4617 Taylor St
North Little Rock, AR 72117


HIGHLIGHTS

  • 100% leased to AT&T Services, Inc.
  • 5 years remaining on current lease
  • Tenant has two five-year renewal options
  • Seven dock doors | Two drive-in doors
  • Tilt wall construction

OVERVIEW

Colliers is pleased to present the opportunity to acquire 4617 Taylor Street, North Little Rock, Arkansas. The offering is a single-tenant, net-leased industrial property that is 100% occupied by AT&T Services, Inc. The property, which totals 36,000 square feet and sits on 1.71 acres, is strategically located in the Little Rock MSA and benefits from its proximity to major transportation arteries. The lease with AT&T has 5.34 years remaining on the initial term and features attractive 60% rental escalations in 2026 and two, five-year renewal options. The landlord is responsible for the roof, structure, and base year (1986) taxes and insurance. AT&T is a publicly traded (NYSE: T) telecommunications company with a market capitalization of over $35 billion that provides broadband connectivity solutions to businesses and consumers across the United States. The lease is not a full NNN lease, and the rents are estimated to be 25% below market once the bump hits, offering further upside to the landlord when the fair market value reset hits.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

7

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.71

LAND SF

74,488

ZONING

-

APN/PARCEL ID

23N-031-00-001-00

ASK ABOUT THIS PROPERTY

Nathan MonanColliers | ArkansasMore Info
501-551-9032

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Nathan MonanColliers | ArkansasMore Info
501-551-9032

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