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980 Runway Dr
Conway, AR 72032
Industrial Property For Sale


INVESTMENT HIGHLIGHTS
- ±12,794 SF industrial space ideal for distribution, light manufacturing, and service operations.
- Open-span warehouse layout supports efficient racking, equipment, and production workflows.
- Prime I-40 location with I-3 zoning for diverse industrial uses; strong market fundamentals in Conway.
- Includes 11 offices, conference room, training center, and 5 bathrooms (2 en-suites, 2 with showers).
- Avigilon security system with IR cameras and 16-port HD appliance; $25K invested in surveillance.
- Competitive $10/SF NNN rent; near Conway Community Center, retail, and workforce amenities.
EXECUTIVE SUMMARY
This ±12,794 SF flexible industrial facility offers an ideal configuration for distribution, light manufacturing, and service-based operations. The property includes 11 offices, a conference room, a training center, and five bathrooms—two with office en-suites and two featuring showers—providing a highly functional workspace. The open-span warehouse layout ensures efficient racking, equipment placement, and streamlined production workflows. Security is top-tier with a state-of-the-art Avigilon system, featuring enterprise-grade panoramic, dual-head, dome, and bullet cameras with full IR/night capability, supported by a 16-port HD video appliance (12TB). Over $25,000 has been invested in professional, facility-wide surveillance coverage. Strategically positioned along the Interstate 40 corridor, the site offers seamless connectivity to regional transportation networks and major distribution channels. Zoned I-3 for intensive industrial use, the property accommodates a wide range of operations, providing exceptional flexibility for tenants. Located in a high-demand industrial corridor, it is surrounded by established users such as Greenway Equipment, Mid-South Distributing USA, Safelite AutoGlass, Douglas Companies, and Westrock Coffee Company. Market fundamentals in Conway remain strong, with a tight 2.2% vacancy rate and 4.3% annual rent growth, underscoring robust leasing velocity and absorption. Comparable market evidence supports a competitive rental rate of $10.00/SF NNN, reflecting the asset’s prime location and versatile configuration. Additionally, the property is less than half a mile from the newly opened Conway Community Center and close to retail, services, and workforce amenities.
PROPERTY FACTS
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 712-07139-053 | Improvements Assessment | $85,460 |
| Land Assessment | $38,510 | Total Assessment | $123,970 |
PROPERTY TAXES
Parcel Number
712-07139-053
Land Assessment
$38,510
Improvements Assessment
$85,460
Total Assessment
$123,970
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