(P) ARMOUR ECKRICH MEATS PORTFOLIO (ALEXANDER, AR)

SINGLE TENANT

SINGLE TENANT COLD STORAGE
Lot Size :
1.10 acres
Year Built :
1999
Property Area :
6,000 sqft
Status :
RECENTLY SOLD

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

 

Investment Highlights

  • Strategically Located Cold Storage Industrial Warehouses with Access to Major Freeways for Last-Mile Distribution
  • Situated on Excess Land Allowing for Ample Parking and Storage
  • Facilities Serve as Armour Eckrich’s Direct Store Delivery Centers
  • Facilitated Agreement Between Tenant, Buyer, And Seller on Lease Responsibility Regarding Flood Insurance
  • Overcame Zoning Challenges; Assisted Buyer with Flood Insurance Quotes and Obtaining New Zoning for Long-Term Solution
  • Found High-Net-Worth Syndicated Buyer in Timely Fashion After Working to Match Investment Criteria
  • Of the 4 Properties, 2 Properties Needed Repairs Which Were Completed Prior to Close
  • 45-Day Inspection, 20-Day Close with Deferred Maintenance
  • Traded at Satisfactory Price Per Foot; Representative of Overall Stable Market Sentiment

 

Contact Agent:
ADAM ABUSHAGUR
Vice President Investments
National Office and Industrial
Properties Group
Dallas Office
Office (972) 755-5223
Fax (972) 755-5210
adam.abushagur@marcusmillichap.com
License: TX 661916
Steven Weinstock
Illinois Broker of Record
Tel: 630-570-2200
One Mid America Plaza, Ste 200, Oakbrook Terrace, IL 60181
Steven.Weinstock@marcusmillichap.com
IL License #: 471.011175
Chris Shaheen
Louisiana Broker of Record
Tel: 225-376-6800
10527 Kentshire Court, Ste B, Baton Rouge, LA 70810
Chris.Shaheen@marcusmillichap.com
LA License #: BROK.0095692662
Michael Glass
Ohio Broker of Record
Tel: 216-264-2050
230 West Street, Ste 100, Columbus, OH 43215
Michael.Glass@marcusmillichap.com
OH License #: BRK.2007005898
Anne Williams
Arkansas Broker of Record
Tel: 901-620-3622
5100 Poplar Avenue, Suite 2505, Memphis, TN 38137
Anne.Williams@marcusmillichap.com
AR License #: PB00066390
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0060953, ZAA0060954, ZAA0060955, ZAA0060906)

Exclusive Listing

Adam Abushagur
(972) 755-5223
Lic # TX : 661916
Tyler Sharp
(312) 327-5446
Lic # TX : 177869

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