Starbucks | 945 Amity rd
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Starbucks 945 Amity rd
2,480 SF 4-Star Retail Building Conway, AR 72032 $3,117,100 ($1,257/SF) 6% Cap Rate
Investment Highlights
- Brand New 2024 Starbucks – Prime Investment Opportunity
- Close Proximity to the University of Central Arkansas, Hendrix College, and Central Baptist College
- Growth Potential - Conway is one of the Fastest-Growing cities in Arkansas
- 10-Year Initial Term with Four Additional Five-Year Option Periods - 7.5% Rental Increase Every Five Years
- Strategic Location - High Traffic Flow and Visibility, near Key Local Demographics
- Iconic Brand - World Largest Coffee House Chain (38K+ Locations) - $115B+ CAP
Executive Summary
The Snyder Carlton Team is excited to present a prime investment opportunity with a brand new 2024 Starbucks location at 945 South Amity Road in Conway, Arkansas. The Starbucks is equipped with a 10-year initial term and four, five (5) year option periods with 7.5% rental increases every five years. This strategic placement not only promises strong traffic flow and visibility but the site is close in proximity to key local demographics, including the thriving student population from the University of Central Arkansas.
Conway is home to several colleges, including the University of Central Arkansas (UCA), Hendrix College, and Central Baptist College. With over 10,000 students enrolled at UCA alone, this location provides a built-in customer base of young adults. Additionally, Conway is one of the fastest-growing cities in Arkansas.
Acquiring this new Starbucks at 945 South Amity Road positions you at the intersection of a robust retail neighborhood, a strong student population, and a best in class tenant with a market cap of over $115B+.
Conway is home to several colleges, including the University of Central Arkansas (UCA), Hendrix College, and Central Baptist College. With over 10,000 students enrolled at UCA alone, this location provides a built-in customer base of young adults. Additionally, Conway is one of the fastest-growing cities in Arkansas.
Acquiring this new Starbucks at 945 South Amity Road positions you at the intersection of a robust retail neighborhood, a strong student population, and a best in class tenant with a market cap of over $115B+.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,480 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Price
$3,117,100
Price Per SF
$1,257
Cap Rate
6%
NOI
$187,027
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.05 AC
Zoning
Cv - Commercial Vacant
Parking
60 Spaces (24.19 Spaces per 1,000 SF Leased)
Frontage
367 FT on Crain Drive
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 711-07682-010 | Improvements Assessment | $0 |
| Land Assessment | $616,800 | Total Assessment | $616,800 |
PROPERTY TAXES
Parcel Number
711-07682-010
Land Assessment
$616,800
Improvements Assessment
$0
Total Assessment
$616,800
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Starbucks | 945 Amity rd
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