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5115 E Highland Dr
Jonesboro, AR 72401

$3,182,700 USD

Light Manufacturing For Sale  •  28,815 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 28,815 SF
  • Lot Size 1.95 AC
  • Building Class C
  • Year Built 1990
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning I-2
0 Transit Score
14 Walk Score

Highlights

Absolute NNN Lease (Zero LL Responsibilities) | Long Term 25 Yr Lease | Over 23 Yrs Remaining
Above Market 3% Annual Rent Increases | Low Rent/SF at $7.73 | Rent:Revenue +/- 2%
Company's Main Fulfillment Center | Installed over $500,000 of Equipment prior to Occupancy in 2023
Strong Corp. Guaranty from JAL Equity Corp | Leader in the Marketing/E-Com/Print/Signage Industry | $395M+ in 2024 Revenue
Can be sold individually OR together with Capital Signs & Awnings property located at 902 NW Main St., Bunkie, LA 71322 (identical Lease Terms)

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Tshirts.com 28,815 SF 8/31/2048

Amenities

  • Signage
  • Reception
  • Storage Space
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Ken Jacobsmeyer 225-485-5074 Marcus & Millichap
Ken Jacobsmeyer 225-485-5074 Marcus & Millichap