Single-Tenant Industrial
SRS (Home Depot) Jonesboro
2800 Fair Park Blvd., Jonesboro, AR 72401
Listing Price: $6,500,000
Investment Overview
This southeast investment opportunity at 2800 Fair Park Blvd, is home to SRS Distribution.
First established in 2008, SRS has grown to 750 locations before the acquisition by Home
Depot. For investors this acquisition means a significant boost to tenant credit. Constructed in 2013, this 26,000 sq ft building seated on 6 acres This makes for an excellent investment opportunity for an investor looking to get into a highly functional
distribution facility with a strong tenant in place.
SRS recently moved in, signing their lease in February, which lasts through 2031 with 2 five year options. SRS is currently paying approximately $16.5/ft NNN, with 10% rent escalation upon expiration of the initial term. With limited landlord responsibility, this investment allows for hassle-free ownership and predictable income.
Located in Jonesboro, Arkansas this property is in the center of a growing residential area.
With a median household income of approximately $81,000 in the surrounding 10 mile
radius compared against the average home costing a home buyer $225,000, this paves the
way for SRS to only grow their servable market and excel as a strong long term tenant
Investment Highlights
- Minimal landlord responsibility; NNN lease structure
- Investment grade tenant; SRS recently acquired by Home Depot (NYSE: HD)
- Optimal distribution location; close proximity to I-555 and US-49
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $6,500,000
Investment Highlights
- Minimal landlord responsibility; NNN lease structure
- Investment grade tenant; SRS recently acquired by Home Depot (NYSE: HD)
- Optimal distribution location; close proximity to I-555 and US-49
Investment Overview
This southeast investment opportunity at 2800 Fair Park Blvd, is home to SRS Distribution. First established in 2008, SRS has grown to 750 locations before the acquisition by Home Depot. For investors this acquisition means a significant boost to tenant credit. Constructed in 2013, this 26,000 sq ft building seated on 6 acres This makes for an excellent investment opportunity for an investor looking to get into a highly functional distribution facility with a strong tenant in place. SRS recently moved in, signing their lease in February, which lasts through 2031 with 2 five year options. SRS is currently paying approximately $16.5/ft NNN, with 10% rent escalation upon expiration of the initial term. With limited landlord responsibility, this investment allows for hassle-free ownership and predictable income. Located in Jonesboro, Arkansas this property is in the center of a growing residential area. With a median household income of approximately $81,000 in the surrounding 10 mile radius compared against the average home costing a home buyer $225,000, this paves the way for SRS to only grow their servable market and excel as a strong long term tenant