1355 E Dave Ward Dr - Freestanding FOR SALE


Conway, AR 72032
$2,720,000 USD
650-678-7200
1355 E Dave Ward Dr, Conway, AR for Sale
$2,720,000 USD
Freestanding - FOR SALE
1/2
null | 6.25% Cap Rate

1355 E Dave Ward Dr
Conway, AR 72032


HIGHLIGHTS

  • A corporate net leased Sherwin Williams with a 10-year base term featuring 10% rental increases every 5 years and 4, 5-year extension options with the
  • 2024 build-to-suit construction to tenant’s latest prototype
  • Located in the heart one of Arkansas’ largest developments
  • Subject property serves as an outparcel to Conway’s new $130M Maly District mixed-use development (see Page 5)
  • Sherwin Williams 2023 revenue totaled $23.05B, a 4.1% increase over the previous year
  • Subject property located directly adjacent to 250,000 SF shopping center anchored by Sam’s Club

OVERVIEW

A corporate net leased Sherwin Williams with a 10-year base term featuring 10% rental increases every 5 years and 4, 5-year extension options with the same rent escalations. The subject property serves as an outparcel to a newly developed, 108-room Courtyard Marriott.

FOR SALE DETAILS

PRICE

$2,720,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

710-08536-008

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.