$1,500,000 USD
858-373-3184
3680 Dave Ward Dr
Conway, AR 72034
Downtown Conway
HIGHLIGHTS
- Recent Lease Extension and 20 Year Historical Occupancy Demonstrating Strong Commitment to the Location.
- Net Lease Featuring a 14% Rental Increase in Option 1 and 5% at Each Remaining Option.
- Positioned Along Area’s Traffic and Retail Corridor: Signalized Hard Corner Location - Features Easy Access & Excellent Visibility.
- Advance Auto Parts (NYSE: AAP) has a S&P Investment Grade Credit Rating of “BB+” and is Ranked #358 on the Fortune 500 List.
- Conway has Experienced Significant Growth, leading to the Development of new Residential Areas and Commercial Establishments.
- Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
OVERVIEW
20 Year Historical Occupancy | Adjacent to Walmart Supercenter | Near University of Central Arkansas - One of the Largest Universities in the State | Signalized Hard Corner | In Close Proximity to I-40 | Strong Daytime Employment Area | Minutes from Medical Center | Conway has Experienced Significant Growth
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$217 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ADVANCE AUTO PARTS | RECENT LEASE EXTENSION
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Auto Repair, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.02 AC
LAND SF
44,290 SF
ZONING
-
APN/PARCEL ID
712-12284-101
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858-373-3184
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858-373-3184
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