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Net Lease

Trinity Lighting HQ & Distribution Facility w/ 2% Annual Increases | Absolute Net

2902 Quality Wy, Jonesboro (Northeast AR), AR 72401

Listing Price: $8,535,646

Cap Rate
6.50%
Gross SF
142,206
Price/Gross SF
$60.02
Lot Size
9.68 acres
Year Built
1995
Rentable SF
142,206

Investment Overview

Jonesboro is a city located on Crowley’s Ridge in the northeastern corner of the U.S. State of Arkansas. Jonesboro is one of two county seats of Craighead County. According to the 2020 Census, the city had a population of 78,576 and is the fifth-largest city in Arkansas. In 2020, the Jonesboro metropolitan area had a population of 133,860 and a population of 179,932 in the Jonesboro-Paragould Combined Statistical Area. Jonesboro is the home of Arkansas State University and is the cultural and economic center of Northeast Arkansas. The Jonesboro Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – Craighead and Poinsett – in northeast Arkansas, anchored by the city of Jonesboro. As of the 2010 census, the MSA had a population of 121,026. It is also part of the larger Jonesboro-Paragould Combined Statistical Area.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 2% Annual Increases Throughout the Initial Term and Options.
  • 27+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. Utilized as the Headquarters and Distribution Facility.
  • Positioned Along Area's Major Industrial Corridor: Features Easy Access & Excellent Visibility. Quick access to I-40 and I-55, two Major Interstate Highways
  • Prime Industrial Location - w/in Jonesboro Industrial Park - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers including Nestle, Frito-Lay, Unilever, Great Dane and many more. Jonesboro's Rental Market has been Incredibly Strong through the Years with a Phenomenal Expected Upward Growth.
  • With over 20 Years of Experience and a Long Track Record of Steady Growth and Profitability, Trinity Lighting is a Leader in the Hospitality Lighting Industry Supplying Several Fortune 500 Hotel Corporations.
  • Mission Critical Facility - This Company Headquarters Supports In-House Development, Production, Paint & Powder coating - Allowing Seamless Custom Project Management and Peerless Quality Control.
  • Broad Circulation - Trinity maintains a Fully-Staffed Office in mainland China to service their Overseas Opportunities and have a Completed Project History in 13 U.S. States.
  • In Close Proximity to Arkansas State University - a Public Research University and the Second Largest University in the State, with a total Enrollment of more than 14k Students.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Net Lease

Trinity Lighting HQ & Distribution Facility w/ 2% Annual Increases | Absolute Net

Listing Price: $8,535,646

Cap Rate
6.50%
Gross SF
142,206
Price/Gross SF
$60.02
Lot Size
9.68 acres
Year Built
1995
Rentable SF
142,206

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 2% Annual Increases Throughout the Initial Term and Options.
  • 27+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. Utilized as the Headquarters and Distribution Facility.
  • Positioned Along Area's Major Industrial Corridor: Features Easy Access & Excellent Visibility. Quick access to I-40 and I-55, two Major Interstate Highways
  • Prime Industrial Location - w/in Jonesboro Industrial Park - Surrounded by Numerous Light Industrial, Manufacturing Plants and Distribution Centers including Nestle, Frito-Lay, Unilever, Great Dane and many more. Jonesboro's Rental Market has been Incredibly Strong through the Years with a Phenomenal Expected Upward Growth.
  • With over 20 Years of Experience and a Long Track Record of Steady Growth and Profitability, Trinity Lighting is a Leader in the Hospitality Lighting Industry Supplying Several Fortune 500 Hotel Corporations.
  • Mission Critical Facility - This Company Headquarters Supports In-House Development, Production, Paint & Powder coating - Allowing Seamless Custom Project Management and Peerless Quality Control.
  • Broad Circulation - Trinity maintains a Fully-Staffed Office in mainland China to service their Overseas Opportunities and have a Completed Project History in 13 U.S. States.
  • In Close Proximity to Arkansas State University - a Public Research University and the Second Largest University in the State, with a total Enrollment of more than 14k Students.

Investment Overview

Jonesboro is a city located on Crowley’s Ridge in the northeastern corner of the U.S. State of Arkansas. Jonesboro is one of two county seats of Craighead County. According to the 2020 Census, the city had a population of 78,576 and is the fifth-largest city in Arkansas. In 2020, the Jonesboro metropolitan area had a population of 133,860 and a population of 179,932 in the Jonesboro-Paragould Combined Statistical Area. Jonesboro is the home of Arkansas State University and is the cultural and economic center of Northeast Arkansas. The Jonesboro Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of two counties – Craighead and Poinsett – in northeast Arkansas, anchored by the city of Jonesboro. As of the 2010 census, the MSA had a population of 121,026. It is also part of the larger Jonesboro-Paragould Combined Statistical Area.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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