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751 Harkrider St
Conway, AR 72032 Downtown Conway

$12,935,000 USD

Manufacturing For Sale  •  415,406 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 427,198 SF
  • Lot Size 22.64 AC
  • Building Class A
  • Year Built 1954
  • Cap Rate 7.75 %
  • Tenancy Single
0 Transit Score
16 Walk Score

Highlights

14+ Year Absolute Net Lease Featuring 2% Annual Rental Increases throughout the Initial Term and Options. Roof Replaced in 2023-2024.
Below Market Rent and Large 31 Acre Lot. Location Utilized as a Full-Service Facility, Stamping, Fabrication, Welding, Assembly, and Paint Line.
DBG Specializes in Custom Metal Manufacturing, delivering Components and Value-Added Services to OEMs Across Automotive, Commercial Vehicle, etc.
Conway has Experienced Significant Growth, leading to the Development of new Residential Areas and Commercial Establishments.
Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
Part of the PILOT Program - Payment in Lieu of Taxes, can provide Significant Tax Savings during the Lease Term for the Tenant.
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
DBG - The De Biasi Group Full Service Facility 427,198 SF 12/31/2039

Public Transportation

AirportDriveWalkDistance
Bill and Hillary Clinton Ntl/Adams Field 38 min - 32.2 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap