OFFERING MEMORANDUM - LoopNet...OFFERING MEMORANDUM 2000 E. RoosEvElt Road littlE Rock, aR 72206 501...

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OFFERING MEMORANDUM 2000 E. ROOSEVELT ROAD LITTLE ROCK, AR 72206 501 716 5511 sagepartners.com Aaron Nicholson Principal, Vice President [email protected] Jason Parker Associate [email protected] Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Transcript of OFFERING MEMORANDUM - LoopNet...OFFERING MEMORANDUM 2000 E. RoosEvElt Road littlE Rock, aR 72206 501...

Page 1: OFFERING MEMORANDUM - LoopNet...OFFERING MEMORANDUM 2000 E. RoosEvElt Road littlE Rock, aR 72206 501 716 5511 sagepartners.com Aaron Nicholson Principal, Vice President anicholson@sagepartners.com

OFFERING MEMORANDUM

2000 E. RoosEvElt Road littlE Rock, aR 72206

501 716 5511sagepartners.com

Aaron NicholsonPrincipal, Vice [email protected]

Jason [email protected]

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

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sagepartners.comPROPERTY OVERVIEW

ASKING PRICE: $1,628,900 ________________________________________________________

CAP RATE: 8%________________________________________________________

ADDRESS: 2000 E. Roosevelt Road, Little Rock, AR 72206________________________________________________________

BUILDING SIZE: 37,232 SF +/-________________________________________________________

LAND AREA: 1.82 SF +/- ________________________________________________________

YEAR BUILT: 1964________________________________________________________

OCCUPANCY: 100% ________________________________________________________

BUILDING HEIGHT: 18’________________________________________________________

CONSTRUCTION TYPE: Reinforced Concrete________________________________________________________

LOADING: 6 Dock High________________________________________________________

PARKING: 18________________________________________________________

ZONING: Industrial (I-3) Located in an Opportunity Zone

*Information deemed reliable but not guaranteed

ASSET SUMMARY

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sagepartners.comFINANCIAL ANALYSIS & LEASE PROVISIONS

1. LEASE TERM: FIVE YEARS W/ FIVE YEAR OPTION

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2. LEASE COMMENCEMENT: CLOSING OF SALE & TRANSFER OF TITLE

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3. $3.50 NET LEASE

_________________________________________________________

4. 2% ANNUAL RENT ESCALATIONS

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5. OPERATING EXPENSES TAXES/INSURANCE/MAINTENANCE (PAID BY TENANT)

_________________________________________________________

6. INCREASES IN CONTROLLABLE OPERATING EXPENSES CAPPED AT 5% PER YEAR

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7. MANAGEMENT FEES NOT TO EXCEED 3% OF NET RENT

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8. RENEWAL OPTION: WITH ONE HUNDRED EIGHTY (180) DAYS PRIOR WRITTEN NOTICE, TENANT SHALL HAVE ONE (1) 5-YEAR RE-NEWAL OPTION AT 95% OF FMV.

M&A SUPPLY COMPANY, INC.

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sagepartners.comTENANT OVERVIEW

M&A SUPPLY COMPANY, INC.

Established in 1969, M&A Supply Company was founded on ser-vicing the small to medium size contractor with "blue collar" roots much like our own. Although we have grown, we are still a private-ly held, family owned business with a heritage built on hard work and customer service just like many of our customers today. Now, decades later, we have grown into one of the largest independent wholesalers in the country, but we remain focused on our reasons for success: our employees and our customers.

Today, we serve our customers from our fifteen branches across the Southeast by providing HVAC equipment, parts and supplies and being their “single source for success”.

FOUNDED

1969HEADQUARTERS

NASHVILLE, TNLOCATIONS15 BRANCHES

WEBSITEWWW.MASUPPLYCOMPANY.COM

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AREA DEMOGRAPHICS _

KEY FACTS

71,432Population

37.8

Median Age

2.2

AverageHousehold Size

$34,216Median Household

Income

EDUCATION

14%

No HighSchool

Diploma 30%High School

Graduate

30%Some College 26%

Bachelor's/Grad/ProfDegree

BUSINESS

5,778Total Businesses

146,833Total Employees

EMPLOYMENT

61%White Collar

18%Blue Collar

21%Services

7.5%

UnemploymentRate

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sagepartners.comAERIAL 2000 E. ROOSEVELT RD. | LITTLE ROCK, AR

E. Roosevelt Rd.

Bond St.

SUBJECT PROPERTY

• Subject property is approx 1 mile to I-30, less than 1 mile to I-440 and 1/2 mile to the airport

• Distance to Memphis - 137 Miles • Distance to Dallas - 319 Miles• Distance to Kansas City - 423 Miles

Goff Distribution Plunkett Distributing

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sagepartners.comPROPERTY PICTURES

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A FIRM POWERED BY EXPERIENCE

Sage Partners (“Sage”) specializes in providing commercial real estate brokerage, management and development services in the state of Arkansas. Sage combines the technical, market, financial, and industry expertise of seasoned professionals to create a full-service commercial real estate company. The Sage team has many years of in-depth experience that provides solutions through a combination of services.

Diversified experience provides Sage with a unique perspective combining an insight of national trends with unparalleled local knowledge. Additionally, Sage brings a unique database of brokers, clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real solutions to clients’ needs and ensures thorough market penetration in all respects.

WHY USE SAGE - PEOPlE

We are proud of the success the company has had because it is based on a very simple equation of “good people + hard work + intelligent, long term vision equals long term success.” What impresses people is consistent hard work, market knowledge, quality and the character of team members.

OUR MISSION

“Our team will work with faith and integrity, utilizing our experience and expertise to provide superior real estate services to the benefit of our clients, families, and community.”

CORE VAlUES

Practice Integrity - We always try to do what’s right..in all settings, no matter the cost

Clients are Supreme - We want our clients to see that we are outstanding with our experience, knowledge, effort and results

Be Entrepreneurial - We are proactive and creative in solving problems and seizing opportunities

Teamwork Wins - We can achieve more with all of us than individually

Give Back - We want to invest in our community with meaningful generosity

sagepartners.comCOMPANY OVERVIEW

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sagepartners.comCONTACT INFORMATION

CUSHMAN & WAKEFIELD | SAGE PARTNERS DISCLOSURECushman & Wakefield | Sage Partners has been engaged by the owner of the Property to market it for sale. Information concerning the Property has been obtained from sources other than Sage Partners and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any references to age, square footage, income, expenses and any other Property specific information are approximate. Any opinions, assumptions, estimates, or financial information contained herein are projections only and are provided for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser. Buyers should conduct their own independent investigation and inspection of the Property in evaluating a possible purchase. The information contained herein is subject to change.

Aaron NicholsonPrinicpal, Vice President501 716 [email protected]

2226 Cottondale LaneSuite 210

Little Rock, AR 72202sagepartners.com

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance

Jason ParkerAssociate501 716 [email protected]

Aaron Nicholson serves as Vice President and Executive Broker of the Cushman & Wakefield | Sage Partners, Little Rock office. Mr. Nicholson is focused on statewide retail, industrial, commercial land, and investment sales brokerage. He is responsible for over 1.5 million square feet in sales and leasing transactions.

Mr. Nicholson is a graduate from the University of Arkansas. He is a member of the International Council of Shopping Centers, the Little Rock Regional Chamber of Commerce, Conway Chamber of Commerce and the Hat Club.

Clients Served • Kum & Go • TruckPro • Dyke Enterprises• General Cable

Major Transactions • West Main Center, 1009 West Main St., Russellville, AR - 61,660 SF• 1392 Remmel Dam Rd, Malvern, AR – 340,351 SF

Professional Affiliations • International Council of Shopping Centers (ICSC)• Little Rock Chamber of Commerce• Conway Chamber of Commerce

Education• BSA in Agriculture Business, University of Arkansas

Jason Parker joined Cushman & Wakefield | Sage Partners in 2017. Mr. Parker brings 17 years of professional experience in the telecommunications industry, product marketing and business development with him to the commercial real estate industry.

Mr. Parker has led many successful sales and leasing transactions across the state of Arkansas. He is graduate of the University of Arkansas, and has a Master of Business Administration from the University of Arkansas at Little Rock, and is a member of ICSC and the Rotary Club of Little Rock.

Clients Served • Amazon • L&W Supply • Anthem Health Care• MCNA Dental • Trigate Capital

Education• Master of Business Administration, University of Arkansas, Little Rock • Bachelor of Science, Business Administration, Computer Information

Systems & Marketing Management, University of Arkansas