Castino Industries - Molding Manufacturer
885 S Miller Dr.
Walnut Ridge, AR

Property Details
available
Address
885 S Miller Dr.
City
Walnut Ridge, AR
Zipcode
72476
Net Operating Income
Year Built
Cap Rate
8.00%
Lease Structure
Lot Size
5.00 AC
Lease Term
Building Size
24,808
SQ FT
Investment Details
- Terrific Bite-Sized Deal - Cheap price point paired with a strong operating history making this an ideal investment for 1031 exchange investors.
- Specialized Labor Advantage - Unique labor market offering specialized, hard-to-find talent that is loyal and cost-effective due to the strategic location of this property.
- Pro-Business State with Zero Vacancy - Situated in a pro-business state, this property stands out in a fully occupied market, offering exceptional stability and strong investment potential.
- Newly Constructed Long-Term Lease - Tenant recently committed to a newly structured 10-Year lease extension with 8 Years remaining.
- Attractive Rental Increases - Property has 3% annual increases demonstrating a strong hedge towards inflation.
- Niche Market - Castino Industries has been serving the city of Walnut Ridge since the early 2000’s allowing for a long-term, repeat, established customer base.
Asking Price
$1,591,350
cap rate
8.00%
%
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