277,000 +/- sq ft (244,000 sq ft on main floor) • 179,000 +/- sq ft

Manufacturing / Warehousing / Shipping • 65,000 +/- sq ft

Office / employee areas / storage / other • 33,000 +/- sq ft

Second level storage area

11 Truck Doors for Loading/Shipping • 8 doors with automatic dock levelers • 3 drive-in / grade-level doors • 1 exterior loading platform with

3 loading stations

22.5 ft – Warehouse Clear Ceiling Height 50+ paved and 300 gravel parking spots High traffic location along US Highway 62/412 Zoned Commercial / Industrial

LARGE MANUFACTURING PROPERTY FOR SALE Cherokee Frame • 90 Hwy 62 West • Ash Flat, Arkansas

F O R M O R E I N F O R M AT I O N C O N TA C T King-Rhodes & Associates, Inc. Real Estate • 870.257.3241 • king-rhodes.com

$5,000,000 building and 30 +/- acres

SITE UTILITIES • Water – City of Ash Flat (city well house on site)

• Wastewater – City of Ash Flat

• Gas – Propane

• Electric – North Arkansas Electric Cooperative

• Fiber – NEXT Gigabyte fiber service available on site serviced by NAEC

WALLS: Exterior is brick with cinderblock/concrete interior

FLOORS: 1 foot thick concrete throughout

POWER CAPACITY: 500 KVA, 3-phase, 277/480

LIGHTING: LED

SKYLIGHTS: Yes

HVAC: in office areas and some heating in some manufacturing spaces

US HIGHWAYS / INTERSTATE• Site converges at intersection of US 62/412 and US 167• 94 miles to Interstate 40• 131 miles to Interstate 555• 132 miles to Interstate 55

ADDITIONAL SITE & BUILDING FEATURES • Easily divisible warehouse space

• Power can be split within the building

• Industrial cyclone dust removal system

• Water reservoir pond on site that collects all run-off water from building roof and adjoining land

• Existing manufacturing equipment and inventory could be available and is priced separately

• Additional adjoining land is available, is priced separately and is not included in this listing: 7.7 acres with 1,500 + highway front feet and 60 + acres at the rear of building

NEAREST AIRPORT / RAIL / PORT: • 3.6 miles to Sharp County Regional Airport

(corporate planes)

• 78.5 miles to Jonesboro Municipal Airport (nearest commercial)

• 129.4 miles to Little Rock Port Authority (river/rail)

• 130.8 miles to Clinton National Airport in Little Rock

• 138 miles to Marion, AR Intermodal Railport (Union Pacific)

• 152.1 miles to Memphis International Airport

F O R M O R E I N F O R M AT I O N C O N TA C T King-Rhodes & Associates, Inc. Real Estate • 870.257.3241 • king-rhodes.com

This industrial site is a single-owner property that includes 30 acres with the building occupying approximately 5.6 acres. The building was constructed in the mid-1970’s by Baxter Laboratories. The site was designed to allow the building footprint to be doubled in size to accommodate growth.

Ash Flat is the county seat of Sharp County (pop. 17,264), located in the Ozark foothills region of northeast Arkansas, just miles from the southern Missouri border. The county’s economic base is tourism, agriculture including cattle, broilers, hay, and watermelons, and manufacturing. Surrounding counties Fulton (pop. 12,245), Izard (pop. 13,696), Randolph (pop. 17,969) and Lawrence (pop. 17,415) provide a strong regional workforce thanks to local training programs such as industrial maintenance, welding, CDL and diesel mechanics.

Along with Ash Flat, three neighboring cities – Cherokee Village, Hardy and Highland – boast a population of some 8,000 and function together as a single economy sharing a school district and a range of commercial services. The communities share a well-staffed 24-7 emergency room in addition to medical clinics that provide quality local healthcare. The Sharp County Regional Airport, just minutes from the Cherokee Frame property, is ideal for private corporate and personal airplanes.

The surrounding communities offer a good inventory of housing. Quality of life amenities like Spring River are ideal for fishing and boating. There is also an abundance of good hunt ing, and a variety of outdoor recreation especially in Cherokee Village’s 13,000-acre master planned community including 7 lakes, 2 golf courses, recreation centers, swimming pools, parks and trails.

Arkansas offers access to a market of 100 million people within a 550-mile radius of the state, representing 40% of the total US population.

Memphis (143.9 mi)Chicago (545.8 mi)Atlanta (523.9 mi)Dallas (446.6 mi)Fort Worth (478.1 mi)Houston (561.5 mi)

Kansas City (324.4 mi)Louisville (425.7 mi)New Orleans (535.8 mi)St. Louis (250.6 mi)Nashville (325.5 mi)

US Map Credit: AEDC.com

Ozarka College’s Ash Flat campus is just yards from the Cherokee Frame property. In fall of 2020, Ozarka will launch its new Technical Center, providing specialized training programs for local workforce development. Ozarka College is just one example of strong local stakeholders available to partner with industry prospects.

Local Economy Snapshot

NEW Ozarka College Technical Center

Driving Distances from Ash Flat, AR:

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FOR MORE INFORMATION CONTACTKing-Rhodes & Associates, Inc. Real Estate

870.257.3241 king-rhodes.com

The Murphy Family purchased the building in 1996. For the past two decades, the property has been home to Cherokee Frame specializing in manufacturing framed art and mirrors and furniture, for the motel and hotel industry.

The Murphy’s decision to retire after 47 years in business has presented this prime manufacturing and warehousing space as an opportunity for a new owner. The building’s design allows for multiple uses simultaneously. In addition to its expansive manufacturing, shipping and warehousing spaces, the building includes space for offices, retail, employee space for locker and break rooms. Over the years, portions of the building have been leased by a number of large companies for commercial warehousing and shipping.

The region’s abundant workforce has an average commute time of 24 minutes and benefits from local training programs such as industrial maintenance, welding, CDL and diesel mechanics.

Ron Rhodes, Listing Agent/Exec. Broker870.710.1400 – rrr@king-rhodes.com

Jason Rhodes, Listing Agent 870.847.5846 – jrhodes@king-rhodes.com

Melissa Smith, Principal Broker 870.847.3885 – msmith@king-rhodes.com