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2325 Dave Ward Dr
Conway, AR 72034
Burger King - Conway, AR · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- With a strong franchisee operator. Long-term lease backed by Flis Enterprises, a seasoned 23-unit Burger King franchisee.
- With a strong population base and growth, Conway, Arkansas, now has approximately 69,577 residents with a median household income of ~$62,886.
- The Dave Ward Drive / Highway 65B corridor has undergone multi-lane expansion and roundabout installations to support rising traffic volumes.
- Lease features 10% rent bumps every 5 years, including throughout the option periods.
- Faulkner County, Arkansas’s population is estimated at ~133,313 in 2025, growing ~1.3% annually, with a median household income of ~$65,071 per recent
- Conway is nicknamed the “City of Colleges,” home to three institutions of higher education. Education, healthcare, and tech are significant employment
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 3,314 SF Burger King located at 2325 Dave Ward Drive in Conway, AR. The asset is secured by a new 11-year Absolute Triple Net (NNN) Lease backed by Flis Enterprises, a proven 23-unit Burger King franchisee. The lease structure provides a strong inflation hedge, featuring 10% rent increases every five years, including throughout all option periods, ensuring consistent income growth and long-term stability. This combination of a reliable operator and a durable lease makes this an exceptional investment opportunity.
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. #PB00085157 BoR: Andrew Ackerman - Lic. AR #PB00085157
In Cooperation With Sands Investment Group Arkansas, LLC - Lic. #PB00085157 BoR: Andrew Ackerman - Lic. AR #PB00085157
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,314 SF
Building Class
B
Year Built
2016
Price
$1,440,000
Price Per SF
$434.52
Cap Rate
6.25%
NOI
$90,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.02 AC
Zoning
C
Parking
24 Spaces (7.24 Spaces per 1,000 SF Leased)
Frontage
158’ on Dave Ward Dr
PROPERTY TAXES
| Parcel Number | 710-08554-110 | Improvements Assessment | $145,880 |
| Land Assessment | $97,750 | Total Assessment | $243,630 |
PROPERTY TAXES
Parcel Number
710-08554-110
Land Assessment
$97,750
Improvements Assessment
$145,880
Total Assessment
$243,630
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