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Net Lease

Owens Corning Distribution Center

5520 Planters Rd, Fort Smith, AR 72916

Listing Price: $24,000,000

Cap Rate
6.00%
Gross SF
411,800
Price/Gross SF
$58.28
Lot Size
22.90 acres
Year Built
2022
Rentable SF
411,800

Investment Overview

Marcus & Millichap is pleased to present the opporunity to acquire the Owens Corning Distribution Center (the “Property”), a 411,800 SF investment grade, single-tenant warehouse built in 2022 and situated on approximately 22.9 acres in Fort Smith, Arkansas. The Property is 100% triple net leased by Owens Corning Composite Materials, LLC with the lease guaranteed by Owens Corning (S&P: BBB; Moody’s Baa1). The Property is strategically located next to and connected with Owens Corning’s recently constructed fiber-glass mat manufacturing plant in Fort Smith, Arkansas. The recently constructed warehouse is in close proximity to Interstate 40 and Interstate 49, two major highways which provide easy access to major cities in the Southeastern and Central regions.

Investment Highlights

  • Long-Term Triple Net Leased Distribution Center
  • Investment Grade Tenant with Strong Commitment to Fort Smith, Arkansas
  • Warehouse to Complement the newly constructed Manufacturing Plant built and owned by Owens Corning, Inc.
  • Shipping and Cargo Transit-Oriented Location

Exclusively Listed By

Financing By

Net Lease

Owens Corning Distribution Center

Listing Price: $24,000,000

Cap Rate
6.00%
Gross SF
411,800
Price/Gross SF
$58.28
Lot Size
22.90 acres
Year Built
2022
Rentable SF
411,800

Investment Highlights

  • Long-Term Triple Net Leased Distribution Center
  • Investment Grade Tenant with Strong Commitment to Fort Smith, Arkansas
  • Warehouse to Complement the newly constructed Manufacturing Plant built and owned by Owens Corning, Inc.
  • Shipping and Cargo Transit-Oriented Location

Investment Overview

Marcus & Millichap is pleased to present the opporunity to acquire the Owens Corning Distribution Center (the “Property”), a 411,800 SF investment grade, single-tenant warehouse built in 2022 and situated on approximately 22.9 acres in Fort Smith, Arkansas. The Property is 100% triple net leased by Owens Corning Composite Materials, LLC with the lease guaranteed by Owens Corning (S&P: BBB; Moody’s Baa1). The Property is strategically located next to and connected with Owens Corning’s recently constructed fiber-glass mat manufacturing plant in Fort Smith, Arkansas. The recently constructed warehouse is in close proximity to Interstate 40 and Interstate 49, two major highways which provide easy access to major cities in the Southeastern and Central regions.

Exclusively Listed By

Financing By

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