7301 Victory Blvd Newport, AR 72112

This expansive 234,832-square-foot industrial warehouse in Newport, Arkansas, presents a significant investment opportunity. Situated on 23.8 acres with frontage on three streets, this Class C building offers convenient access to US-67 (2.3 miles), I-555 (30 miles), I-55 (55 miles), I-30 and I-40 (85 miles). The property boasts 11 dock-high doors and 2 loading docks, complemented by a ceiling height of 22.08 feet (peak) and 11.08 feet (eaves). Substantial renovations in 2021 included new roofing, LED lighting, insulation, and overhead door repairs/replacements. The building is currently vacant and available for sale at $4,696,640 ($20/sq ft) or lease (NNN, $2.35/sq ft), with multi-tenancy options (minimum 100,000 sq ft). Zoned for industrial use, this single-story structure features 1,005,364 square feet of air rights. Its strategic location near the Newport Municipal Airport and Arkansas State University Newport Campus adds further appeal. The property's multiple ingress/egress points onto Victory Boulevard and Comet Drive enhance its operational efficiency. Built in 1950, this well-maintained facility offers significant potential for various industrial uses, including distribution and manufacturing. The property's location offers easy access to major transportation corridors, connecting it to St. Louis, Memphis, and Little Rock.