AUCTION NOTES
Blackmon Auctions is preparing another RETIREMENT SALE! Larry Smith has owned and operated Custom Hydraulics for the past 47 years and has decided it’s time to ride off into the sunset. This must-see facility is walk-in-ready and is partially leased. This property is income producing and provides an immediate return for the lucky high bidder. The leasee has been on the property for the last six years, has two years left on the lease, and has no intention of leaving.
Blackmon Auctions will be auctioning this very well-maintained property located in White Hall, AR on-site on August 30th at 8am. Contact Thad Morrison at 479-270-4805 or thad@blackmonauctions.com for additional information or to schedule a showing.
Date and Location of the Auction:
Tuesday August 30th @ 8 AM
5220 Industrial Drive S, White Hall, Arkansas 71602
Real Property Description:
5220 Industrial Drive S, White Hall, Arkansas 71602
Commercial property located in the Jefferson Industrial Park in White Hall, Arkansas
10,890 sq ft
Includes heated and cooled 3,750 sq ft warehouse
1,950 sq ft office space
Income producing - 5,190 sq ft leased – includes office and warehouse
Layout of the building is designed to occupy two separate businesses with separate parking
Owner occupied portion of the building consist of three offices, customer waiting area, one bathroom and 3,750 sq ft heated and cooled warehouse
Leasee portion of the building consist of four offices, large customer waiting area, conference room, and warehouse
One electric meter for the whole building – landlord bills tenant via monthly pro-rated total
Improvements sit on one (1) acre
Terms for the Real Estate Auction
Must Have Proof of Availability of Funds to Register
10% Buyer's Premium added to bidder’s final purchase price
Closing in 30 Days
Earnest Money in The Amount of 10%, Preferably in the Form of a Cashier’s Check Made Out to Thomas Blackmon Realty and is Due Day of the Auction
No Contingencies
No Exceptions Will Be Made Announcements Made Day of the Sale Take Precedence Over Printed Material
CONTACT THAD MORRISON 501-664-4526 (office) or 479-270-4805 (mobile) FOR MORE INFORMATION thad@blackmonauctions.com.
