Restaurant Building for
For Sale
$2,450,000
910-912 Front St, Conway, AR 72032
For sale commercial restaurant property at 910–912 Front St in Conway, Arkansas.
Property Size10,000 SF
Days on Market26
Property Features for 910-912 Front St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Retail - Restaurant
Building Details
Building Size
10,000 SF
Year Built
2017
Stories
2
Listing Agency:
Moses Tucker Partners
(501) 358-8280
Listed By:
Clint Bailey · License #SA00073895
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 11
Last Checked: Aug 18 at 7:02AM
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 listing is for a commercial restaurant property offered for sale under transaction type “For Sale.” The asset is presented as conventional restaurant space, positioned as part of a broader commercial real estate offering.
The property is located at 910–912 Front St in Conway, Arkansas 72032. The street number range indicates frontage spanning two addresses, which may be useful for prospective buyers evaluating layout and access for restaurant operations.
The property is located at 910–912 Front St in Conway, Arkansas 72032. The street number range indicates frontage spanning two addresses, which may be useful for prospective buyers evaluating layout and access for restaurant operations.
Key Highlights
- Commercial restaurant property for sale at 910–912 Front St in Conway, Arkansas
- Built in 2017
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$112,398
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,247,960
$2.2M
Cap Rate 7%
$1,605,686
$1.6M
Cap Rate 9%
$1,248,867
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
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.
Gross rent
$159.6K $15.96/SF
− Vacancy
−$9.7K −$0.97/SF
EGI
$149.9K $14.99/SF
− OpEx
−$37.5K −$3.75/SF
NOI
$112.4K $11.24/SF
Area
Faulkner County, AR
Vacancy
6.10%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,247,960
Cap Rate 7%
$1,605,686
Cap Rate 9%
$1,248,867
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.40M – $1.87M
NOI $112,398 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M
NOI $159,662 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 37%
Home Improvements & Furnishings 2%
Electronics 1%
Kum & Go
Shops & Services
23,052 visits/mo
0.4 miles
Taziki's
Dining
9,759 visits/mo
0.3 miles
Rally's
Dining
9,267 visits/mo
0.5 miles
Regions Bank
Shops & Services
8,635 visits/mo
0.1 miles
Larry's Pizza
Dining
8,404 visits/mo
0.2 miles
Demographics for 72032, AR
34,316
Population
14,255
Households
2.4
Avg Household Size
35
Median Age
27%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
300
Density / Sq Mi
$61,452
Median Household Income
$36,877
Median Earnings
$976
Median Rent
$183,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Larry's Pizza Conway — 1068 Markham St, Conway, AR 72032
Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale commercial restaurant property at 910–912 Front St in Conway, Arkansas.
Where is this conventional restaurant located?
The property is located at 910-912 Front St Conway, AR.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Commercial restaurant property for sale at 910–912 Front St in Conway, Arkansas; Built in 2017
