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Informations principales sur l'investissement
- Diverse mix of warehouse, distribution, office, and service-oriented tenants
- Convenient access to Interstates 40, 30, and 57
- Ownership has the opportunity to increase rental rates to reflect current market conditions
- Newly renovated office
- Occupancy currently at approximately 75%
- Stable in-place cash flow with substantial potential for long-term income growth and appreciation
Résumé analytique
Crossroads Business Park is an approximate 207,212-square-foot multi-tenant industrial business park strategically located along North Hills Boulevard in North Little Rock. Situated on 17.44 acres, the property consists of four buildings designed to accommodate a diverse mix of warehouse, distribution, office, and service-oriented tenants, creating a stable and diversified income stream. The property features a combination of dock-high and grade-level loading doors, 20-foot clear heights, a sprinkler system, and a newly renovated office, providing functionality for a wide range of industrial users. Positioned just minutes from Interstate 40 with convenient access to Interstates 30 and 57, the asset offers exceptional regional connectivity. Its flexible suite configurations, established tenant base, and strategic location make Crossroads Business Park well-positioned for long-term occupancy and continued investor demand.
Crossroads Business Park presents investors with a compelling value-add opportunity through continued leasing and proactive asset management. With occupancy currently at approximately 75%, the property offers significant upside through the lease-up of existing vacant space while capitalizing on continued demand for quality industrial and flex space in the central Arkansas market. As leases renew, ownership has the opportunity to increase rental rates to reflect current market conditions, further enhancing net operating income and overall asset value. Supported by its institutional scale, functional warehouse features, diversified tenant base, and excellent interstate access, Crossroads Business Park offers stable in-place cash flow with substantial potential for long-term income growth and appreciation.
Crossroads Business Park presents investors with a compelling value-add opportunity through continued leasing and proactive asset management. With occupancy currently at approximately 75%, the property offers significant upside through the lease-up of existing vacant space while capitalizing on continued demand for quality industrial and flex space in the central Arkansas market. As leases renew, ownership has the opportunity to increase rental rates to reflect current market conditions, further enhancing net operating income and overall asset value. Supported by its institutional scale, functional warehouse features, diversified tenant base, and excellent interstate access, Crossroads Business Park offers stable in-place cash flow with substantial potential for long-term income growth and appreciation.
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- Operating and Financials
Informations sur l’immeuble
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Surface totale de l’immeuble | 19 250 m² |
| Nb de biens | 4 | Surface totale du terrain | 10,29 ha |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 4 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 19 250 m² |
| Surface totale du terrain | 10,29 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Building 1
1305 N Hills Blvd, North Little Rock, AR 72114 |
Industriel/Logistique | 10 930 m² | 1971 | - |
|
Building 2
1305-1309 N Hills Blvd, North Little Rock, AR 72114 |
Local d'activités | 6 388 m² | 1971 | - |
|
Building 3
1313 N Hills Blvd, North Little Rock, AR 72114 |
Local d'activités | 1 237 m² | 1971 | - |
|
Building 4
1317 N Hills Blvd, North Little Rock, AR 72114 |
Local d'activités | 694 m² | 1971 | - |
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Crossroads Business Center
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