945 Amity rd - Retail FOR SALE


Conway, AR 72032
$3,117,100 USD
949-724-5552
945 Amity rd, Conway, AR for Sale
$3,117,100 USD
Retail - FOR SALE
1/4
null | 6% Cap Rate

945 Amity rd
Conway, AR 72032


HIGHLIGHTS

  • Brand New 2024 Starbucks – Prime Investment Opportunity
  • 10-Year Initial Term with Four Additional Five-Year Option Periods - 7.5% Rental Increase Every Five Years
  • Close Proximity to the University of Central Arkansas, Hendrix College, and Central Baptist College
  • Strategic Location - High Traffic Flow and Visibility, near Key Local Demographics
  • Growth Potential - Conway is one of the Fastest-Growing cities in Arkansas
  • Iconic Brand - World Largest Coffee House Chain (38K+ Locations) - $115B+ CAP

OVERVIEW

The Snyder Carlton Team is excited to present a prime investment opportunity with a brand new 2024 Starbucks location at 945 South Amity Road in Conway, Arkansas. The Starbucks is equipped with a 10-year initial term and four, five (5) year option periods with 7.5% rental increases every five years. This strategic placement not only promises strong traffic flow and visibility but the site is close in proximity to key local demographics, including the thriving student population from the University of Central Arkansas. Conway is home to several colleges, including the University of Central Arkansas (UCA), Hendrix College, and Central Baptist College. With over 10,000 students enrolled at UCA alone, this location provides a built-in customer base of young adults. Additionally, Conway is one of the fastest-growing cities in Arkansas. Acquiring this new Starbucks at 945 South Amity Road positions you at the intersection of a robust retail neighborhood, a strong student population, and a best in class tenant with a market cap of over $115B+.

FOR SALE DETAILS

PRICE

$3,117,100 USD

PRICE/SF

$1,257 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

Cv

APN/PARCEL ID

711-07682-010

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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

Jereme SnyderColliersMore Info
949-724-5552

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