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2125 Dave Ward Dr
Conway, AR 72034
Free-Standing NNN Starbucks Across from UCA · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.66 AC
Zoning
C
Parking
22 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
194’ on Dave Ward Dr

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

ABOUT 2125 DAVE WARD DR , CONWAY, AR 72034

This BRAND NEW 2,000 SQUARE FOOT FREE-STANDING BUILDING is OCCUPIED BY STARBUCKS. Starbucks has an initial 10 YEAR TERM with four, 5-Year Options. There is a 10% rent bump after year 5 and at each option. This investment property offers an NOI of $88,900/YR and a CAP Rate of 5.25%. This stand-alone building sits on what we feel like is the best retail location in the area surrounding the The University of Central Arkansas. This property fronts Dave Ward Drive which has exposure to 31,000 CARS PER DAY. The property is surrounded by the UCA campus to the north and retailers along Dave Ward Drive.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
710-08561-003
Land Assessment
$55,580
Improvements Assessment
$108,900
Total Assessment
$164,480
  • Listing ID: 11916389

  • Date on Market: 3/14/2018

  • Last Updated:

  • Address: 2125 Dave Ward Dr, Conway, AR 72034

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