380 Harkrider St
Conway, AR 72032
10Box Cost-Plus Grocery Sale-Leaseback · Retail Property For Sale

CBRE is pleased to offer for sale 10Box Cost-Plus, a ±56,731 SF free-standing grocery store, situated on ±4.00 acres in Conway, Arkansas. The property is offered subject to a new 10-year lease to Harp' s Food Stores, Inc. 10Box Cost-Plus is a new discount supermarket concept whose parent company has been in business since 1930. The property is a newly renovated conversion from Price Cutter, completed in April 2016. The offering is a rare opportunity for an investor to purchase an absolute NNN, free-standing grocery sale-leaseback leased to a strong, growing tenant and priced at replacement cost. The tenant will demonstrate their exceptional, ongoing commitment to this location by signing a new, long-term lease and by investing in the renovations in 2016. Pricing reflects only the tenant' s original basis in the land, cost of improvements and select soft costs with no built-in developer profit. Located at Harkrider St and W 6th Street in Conway, Arkansas (Little Rock MSA) City of Conway: Conway is home to 3 colleges with a total enrollment of over 13,700. The city is fast growing and shedding its status as a bedroom community to Little Rock. Conway is a great connector for transportation with I-40, HWY 65 and HWY 64.