Retail-Office Building with I-40
1180 Collier Dr Conway, AR 72032
1180 Collier Dr, Conway, AR, 72032
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For Sale
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Standalone retail/office building on Collier Drive with about 304 feet of frontage and Interstate 40 visibility.
Property Size6,342 SF
Lot Size1.07 Acres
Price / SF$232.58
Days on Market115
Property Features for 1180 Collier Dr
General Information
- Standard status
- Active
- Size
- 6,342 SF
- Lot size
- 1.07 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1996
Listing agency
Moses Tucker Partners
(501) 358-8280
Listed by
Clint Bailey · License #SA00073895
Source
Crexi
Added: Mar 30 Updated: Jul 22 at 5:56PM Checked: Jul 22 at 5:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moses Tucker Partners
Investment Insights
Based on property information with market context.
This retail/office property offers a flexible commercial layout within a retail-office building built in 1996, situated on approximately 1.07 acres. Recent improvements include replacement of HVAC systems and a full office renovation completed in 2024.
The building is positioned on Collier Drive with approximately 304 feet of frontage and unobstructed visibility. It also benefits from Interstate 40 exposure, where traffic counts are listed at about 47,000 VPD.
The property is located in an Opportunity Zone and falls under C-3 zoning. It is described as being near Conway Commons Shopping Center and a QSR corridor, with surrounding auto users and MOIX RV referenced nearby.
The building is positioned on Collier Drive with approximately 304 feet of frontage and unobstructed visibility. It also benefits from Interstate 40 exposure, where traffic counts are listed at about 47,000 VPD.
The property is located in an Opportunity Zone and falls under C-3 zoning. It is described as being near Conway Commons Shopping Center and a QSR corridor, with surrounding auto users and MOIX RV referenced nearby.
Key Highlights
- Standalone 6,342 SF retail/office building on ~1.07 acres at 1180 Collier Dr, Conway, AR 72032
- ~304 ft of frontage and visibility along Collier Dr with Interstate 40 exposure; I‑40 traffic count listed as 47,000 VPD
- Zoned C‑3 with ~304 ft frontage on Collier Drive and ~304 ft frontage on Interstate 40
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.0k | $18.60 |
| − Vacancy | −$11.9k | −$1.88 |
| EGI | $106.0k | $16.72 |
| − OpEx | −$26.5k | −$4.18 |
| NOI | $79.5k | $12.54 |
6,342 SF · lease $18.60/SF/yr · vacancy 10.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$994.2K – $1.33M
NOI $79,535 @ 7.0% cap · market cap 5.39%
Second Best
Retail
$893.3K
$781.6K – $1.04M
NOI $62,529 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,258 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cyberback Internet
Medical Clinic
DMI
Construction Company
TCW | Arkansas' Fastest ...
Telecommunications Service
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FAQs
What type of property is this?
Office building - Standalone retail/office building on Collier Drive with about 304 feet of frontage and Interstate 40 visibility.
Where is this office building located?
The property is located at 1180 Collier Dr Conway, AR.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Standalone 6,342 SF retail/office building on ~1.07 acres at 1180 Collier Dr, Conway, AR 72032; ~304 ft of frontage and visibility along Collier Dr with Interstate 40 exposure; I‑40 traffic count listed as 47,000 VPD; Zoned C‑3 with ~304 ft frontage on Collier Drive and ~304 ft frontage on Interstate 40
