319 Highway 365 - Flex FOR SALE


Conway, AR 72032
$1,000,000 USD
870-530-7262
319 Highway 365, Conway, AR for Sale
$1,000,000 USD
Flex - FOR SALE
1/11
null | 8.07% Cap Rate

319 Highway 365
Conway, AR 72032


HIGHLIGHTS

  • Next to I-40 Access

OVERVIEW

Positioned near immediate access to Interstate 40, this ±9,900 SF multi-tenant flex/industrial investment opportunity offers stable income with owner-user upside in one of Central Arkansas’ most accessible industrial corridors. Situated on 1.00 acre, the property consists of two 55’ x 90’ metal industrial buildings totaling 9,900 square feet, demised into six (6) separate 1,650 SF suites. Each suite includes a private restroom, four units include built-out office space, and all suites are separately metered for electricity, allowing for efficient tenant expense recovery. The property shares a common water meter. Currently one vacant suite, this asset presents an attractive opportunity for an investor seeking in-place income with lease-up potential, or for an owner-user to occupy the available suite while benefiting from supplemental rental income from the remaining tenants. Offered at $1,000,000, with market lease rates at $10.00/SF Modified Gross, the property provides strong cash flow potential in a highly desirable small-bay industrial product type with limited availability in the market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

8.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bryce RichardsonBrick Real EstateMore Info
870-530-7262

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Bryce RichardsonBrick Real EstateMore Info
870-530-7262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.