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CUSTOM METAL MANUFACTURING FACILITY | NNN 751 Harkrider St 427,198 SF Industrial Building Conway, AR 72032 $18,056,226 CAD ($42.27 CAD/SF) 7.75% Cap Rate



INVESTMENT HIGHLIGHTS
- 14+ Year Absolute Net Lease Featuring 2% Annual Rental Increases throughout the Initial Term and Options. Roof Replaced in 2023-2024.
- DBG Specializes in Custom Metal Manufacturing, delivering Components and Value-Added Services to OEMs Across Automotive, Commercial Vehicle, etc.
- Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
- Below Market Rent and Large 31 Acre Lot. Location Utilized as a Full-Service Facility, Stamping, Fabrication, Welding, Assembly, and Paint Line.
- Conway has Experienced Significant Growth, leading to the Development of new Residential Areas and Commercial Establishments.
- Part of the PILOT Program - Payment in Lieu of Taxes, can provide Significant Tax Savings during the Lease Term for the Tenant.
EXECUTIVE SUMMARY
DBG – The De Biasi Group Full Service Facility | Bonus Depreciation | 14+ Year Absolute Net Lease | Below Market Rent ($2.35/SF) | 2% Annual Increases | 50+ Years of Experience in Custom Metal Manufacturing | New 2023-24 Roof | Near University of Central Arkansas - One of the Largest Universities in the State | In Close Proximity to I-40 | Strong Daytime Employment Area | Minutes from Medical Center
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- DBG - The De Biasi Group Full Service Facility
- Manufacturing
- 427,198 SF
- -
- Triple Net
- Dec 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| DBG - The De Biasi Group Full Service Facility | Manufacturing | 427,198 SF | - | Triple Net | Dec 2039 |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,271,038 CAD | |
| Land Assessment | $430,369 CAD | Total Assessment | $1,701,407 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$430,369 CAD
Improvements Assessment
$1,271,038 CAD
Total Assessment
$1,701,407 CAD
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CUSTOM METAL MANUFACTURING FACILITY | NNN | 751 Harkrider St
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