10624 Otter Creek East Boulevard
- Address:
- 10624 Otter Creek East Boulevard, Mabelvale, AR 72103
- Property Type:
- Single Tenant
- Price:
- $1,200,000
- Cap Rate:
- 8.15% cap
- NOI:
- $97,800
- Square Feet:
- 14,455 sqft
- Lot Size:
- 0.84 Acres
- Price Per Square Foot:
- $83.02
- Year Built:
- 1986
-
Marketing Package*
Investment Highlights
Investment Highlights
- 100% Occupied 14,455-Square-Foot Single-Tenant Industrial Asset Situated on 0.84 Acres
- Featuring a 14′ Clear Height, One Dock-High Door, One Grade-Level Door, Metal Construction, and I-2 Zoning
- Fully Leased to MOC Products Group, Leading Manufacturer/Distributor of Innovative Automotive Products
- Triple-Net Lease Through December 2030 at $5.56/SF
- Close Proximity to I-30 and I-430 Interchange, 13 Miles SW of Downtown Little Rock
Investment Overview
The property is a single-tenant industrial asset that spans 14,455 square feet and is situated on 0.84 acres of land. This industrial building is fully leased to MOC Products Group, a leading manufacturer and distributor of innovative automotive products. The lease agreement is a triple-net lease that runs through December 2030 at a rate of $5.56 per square foot. The fact that the property is fully leased to a single tenant simplifies management and maintenance responsibilities. The NNN lease agreement also shifts the burden of property expenses to the tenant, providing a stable source of income for the property owner.
Zoned I-2, the property allows for a variety of industrial uses. The metal construction of the building provides a durable and low-maintenance structure. The building features a clear height of 14 feet, which provides ample space for industrial operations and storage. The presence of one dock-high door and one grade-level door facilitates efficient loading and unloading of goods. The property’s design and layout are well-suited for a manufacturing and distribution operation like MOC Products Group. The property’s location is strategic, being situated along the interchange between Interstates 30 & 430, 13 miles southwest of downtown Little Rock. The area benefits from easy access to major transportation routes, making it an ideal location for industrial operations.