Starbucks | 905 E Oak St
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Starbucks 905 E Oak St
1,947 SF Retail Building Conway, AR 72032 $2,108,100 ($1,083/SF) 5.15% Cap Rate
Investment Highlights
- RARE Triple "NNN" Net Lease Starbucks
- Early Long-Term Lease Extension Showing Starbucks Commitment To Location | 11+ Years Remaining
- Conway Is Known As “The City of Colleges” & Home To Three Universities Within 2 Miles of The Property
- Hard Signalized Corner Location w/ Over 30,000 VPD & Multiple Points of Ingress & Egress
- Conway’s Population Has Grown 61% Since 2000
- 36,500+ Daytime Employee's | 5-Mile Radius Food & Beverage Consumer Spending $203.5M+
Executive Summary
RARE Triple "NNN" Net Lease Starbucks
Hard Signalized Corner Location w/ Over 30,000 VPD & Multiple Points of Ingress & Egress
Early Long-Term Lease Extension Showing Starbucks Commitment To Location | 11+ Years Remaining
Conway’s Population Has Grown 61% Since 2000
Conway Is Known As “The City of Colleges” & Home To Three Universities Within 2 Miles of The Property
36,500+ Daytime Employee's | 5-Mile Radius Food & Beverage Consumer Spending $203.5M+
Adjacent to I-40 (52,000+ VPD) | Less than 30 Miles North of Downtown Little Rock
Excellent Growing Retail Corridor | Walking Distance From 6 National Hotels
Hard Signalized Corner Location w/ Over 30,000 VPD & Multiple Points of Ingress & Egress
Early Long-Term Lease Extension Showing Starbucks Commitment To Location | 11+ Years Remaining
Conway’s Population Has Grown 61% Since 2000
Conway Is Known As “The City of Colleges” & Home To Three Universities Within 2 Miles of The Property
36,500+ Daytime Employee's | 5-Mile Radius Food & Beverage Consumer Spending $203.5M+
Adjacent to I-40 (52,000+ VPD) | Less than 30 Miles North of Downtown Little Rock
Excellent Growing Retail Corridor | Walking Distance From 6 National Hotels
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,947 SF
Building Class
B
Year Built
2005
Price
$2,108,100
Price Per SF
$1,083
Cap Rate
5.15%
NOI
$108,567
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.09
Lot Size
0.48 AC
Parking
28 Spaces (14.38 Spaces per 1,000 SF Leased)
Frontage
133 FT on Oak St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 710-07991-001 | Improvements Assessment | $67,450 |
| Land Assessment | $46,460 | Total Assessment | $113,910 |
PROPERTY TAXES
Parcel Number
710-07991-001
Land Assessment
$46,460
Improvements Assessment
$67,450
Total Assessment
$113,910
Contacts
-
Deno Bistolarides -
Dante Hargis -
Leonard Minuto -
Encore Real Estate Investment Services
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Starbucks | 905 E Oak St
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