600 Skyline Dr | Conway, AR 72032
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600 Skyline Dr
Conway, AR 72032
MarketPlace Grill · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently Executed 10 Year Lease Extension; 8.5+ Years Remaining on Lease Term; 1% Annual Rent Increases with 3 - 5 Year Renewal Options
- Strong Sales Reported: $2.49M in FY 2023; Over 25 Years of Operating History at this Location; Landmark Restaurant in Conway, AR
- Outstanding Population Growth; Nearly 10% Growth in the Last 10 Years; Located along Major Retail Artery Skyline Drive; over 31,000 Vehicles per Day
- NNN Lease; Roof & Structure Replacement Split Equally between Tenant and Landlord
- Situated on 1.99-acre lot; Offering Includes Additional Adjacent 1.68-acre Lot for Future Development
- Excellent Retail Corridor; Neighbor Retailers Include Walmart Super Center, Lowes, Cinemark, Starbucks, Harbor Freight
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,364 SF
Building Class
A
Year Built
2000
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.05
Lot Size
3.67 AC
Zoning
C-2 - Commercial
Parking
130 Spaces (15.54 Spaces per 1,000 SF Leased)
Frontage
294’ on Skyline Dr
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 710-08187-001C | Improvements Assessment | $296,940 |
| Land Assessment | $117,220 | Total Assessment | $414,160 |
PROPERTY TAXES
Parcel Number
710-08187-001C
Land Assessment
$117,220
Improvements Assessment
$296,940
Total Assessment
$414,160
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