980 Runway Dr - Warehouse FOR SALE


Conway, AR 72032- Downtown Conway
$1,600,000 USD
501-952-4975
980 Runway Dr, Conway, AR for Sale
$1,600,000 USD
Warehouse - FOR SALE
1/22
null | Request Cap Rate

980 Runway Dr
Conway, AR 72032
Downtown Conway


HIGHLIGHTS

  • ±12,794 SF industrial space ideal for distribution, light manufacturing, and service operations.
  • Includes 11 offices, conference room, training center, and 5 bathrooms (2 en-suites, 2 with showers).
  • Open-span warehouse layout supports efficient racking, equipment, and production workflows.
  • Avigilon security system with IR cameras and 16-port HD appliance; $25K invested in surveillance.
  • Prime I-40 location with I-3 zoning for diverse industrial uses; strong market fundamentals in Conway.
  • Competitive $10/SF NNN rent; near Conway Community Center, retail, and workforce amenities.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

5

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.21

LAND SF

52,708

ZONING

I-3

APN/PARCEL ID

712-07139-053

ASK ABOUT THIS PROPERTY

Fletcher HansonMoses Tucker PartnersMore Info
501-952-4975

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Fletcher HansonMoses Tucker PartnersMore Info
501-952-4975

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