Garver National Headquarters Acquired by NAS Investment Solutions Delivers Higher Than Projected Yield for DST Investors
North Little Rock, AR — NAS Investment Solutions (NASIS), a national sponsor of high-quality real estate investment properties, has acquired the Garver National Headquarters consisting of two Class-A office buildings sited on a 6.38-acre campus setting in North Little Rock, AR. Recent improved market conditions and favorable financing terms enabled the firm to revise their original projected 10-year effective cash-on-cash return to investors from 6.35% upward to 6.5%, and the year one cash-on-cash return was adjusted upward from 5.9% to 6.05%.
Located approximately 12 miles northwest of downtown Little Rock, the buildings total 47,627 square feet and are 100% leased to Garver, a national multi-disciplined engineering, architectural, and environmental services firm. Founded in 1919, Garver is an employee-owned, award-winning company with more than 800 employees located in 34 offices in 13 states. The North Little Rock location serves as Garver’s national headquarters.
“Our exhaustive underwriting process and adherence to conservative projections of investment returns, allows us to under promise and over deliver on many of our investment properties,” commented Karen E. Kennedy, President and Founder of NAS Investment Solutions and National Asset Services. “We are extremely pleased to announce to our clients invested in the Garver property – that we are now projecting a return that’s higher than we originally projected.”
A fast-closing window of opportunity still exists for accredited investors to own a fractional interest in the Garver investment offering structured as a DST. The property is a “trophy-class” asset with a long term absolute NNN lease in place. Investment positions start at $100,000. The property is 1031 Exchange ready for investors who are in immediate need of a quality replacement property and is also a good choice for an alternative investment for self-directed IRA investors.
Accredited investors interested in this investment should contact Karen E. Kennedy at [email protected] or at 310.988.4240 as soon as possible.
NASIS has a nationwide reputation for acquiring elite commercial real estate with investment grade tenants. Garver headquarters is the fourth industrial/office investment property acquired in Arkansas by the company. Other Arkansas locations include 2200 Bentonville, 100% leased to The Clorox Company and a multi-building, campus location in Springdale that serves as the North American Headquarters for BNSF Logistics, a wholly owned subsidiary of Berkshire Hathaway.
Assuming responsibilities for asset management and property management for the newly acquired property is National Asset Services (NAS), one of the Nation’s leading commercial real estate companies.