245 Farris Rd | Conway, AR 72034
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245 Farris Rd
Conway, AR 72034
SQRL Gas Station, C-Store, and Self Car Wash · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 245 Farris Road is a gas station, convenience store, and self-serve car wash with a gross leasable area of 2,500 square feet on a 0.48-acre lot.
- SQRL is one of the fastest-growing brands, with 300+ locations nationwide and a focus on sustainability and proprietary or locally sourced products.
- Located at the border of the 356-acre campus of University of Central Arkansas, a school boasting over 10,000 enrolled students.
- Remodeled in 2022 & occupied by SQRL - 19-year corporate lease on absolute NNN terms with 2% annual increases and zero landlord responsibilities.
- Faulkner County retail submarket is one of the Little Rock metro's top performers, as rents rose by a cumulative 14.7% from 2020 to 2023.
- SQRL purchased an additional 210 stores in 2023, making it a top 25 gas station/convenience store chain in the country.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,500 SF
Building Class
C
Year Built/Renovated
2003/2022
Tenancy
Single
Building Height
1 Story
Slab To Slab
8’
Building FAR
0.12
Lot Size
0.48 AC
Frontage
PROPERTY TAXES
| Parcel Number | 710-07424-002C | Improvements Assessment | $145,610 |
| Land Assessment | $12,600 | Total Assessment | $158,210 |
PROPERTY TAXES
Parcel Number
710-07424-002C
Land Assessment
$12,600
Improvements Assessment
$145,610
Total Assessment
$158,210
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