$1 Auction - REIT SALE | 7,921 SF Vacant Industrial |… — Sale in Damascus, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Damascus, AR 72039
  • Year built: 2009

Photos

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Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3338/industrial/damascus/ar Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing industrial facility located at 13993 Highway 65 South in Damascus, Arkansas (the “Property”). Offered at a substantial discount to replacement cost, the Property presents an attractive opportunity for owner-users, investors, and industrial operators to acquire a versatile industrial asset at an attractive basis. FIRST BID MEETS RESERVE! Constructed in 2009, the Property consists of a ±7,921 SF industrial/flex facility situated on a ±6.58-acre parcel (±286,588 SF). The improvements include six paved parking spaces along with extensive gravel-surfaced areas providing additional parking, equipment staging, and operational flexibility. The building features a highly functional layout with ±19% (±1,482 SF) finished office space, 28-foot building heights, an open warehouse, four drive-through bays serviced by eight (8) overhead doors, an attached covered loading/storage bay, and 1,200-amp, 277/480-volt electrical service. The fully fenced site offers a substantial stabilized yard suitable for outdoor storage, fleet parking, equipment staging, contractor operations, or future site improvements. The Property benefits from ±278 feet of frontage along US Highway 65 with 9,600 vehicles per day (VPD) and a dedicated point of ingress and egress, providing excellent visibility and efficient site circulation. Originally developed for Select Energy Services and most recently occupied by Haynesville Wireline Services on a net lease basis, the Property offers immediate owner-user functionality while also presenting meaningful lease-up and value-add investment potential. According to CoStar, industrial asking rents in the surrounding market generally range from $9 to $11 PSF NNN. Located outside municipal zoning jurisdiction, the Prope

Market Context

This industrial in Damascus, AR is listed for sale. The building dates to 2009. Compare it against other industrial listings for sale in Damascus, AR — view the full market.

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