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Single-Tenant Restaurant Retail Property
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600 Skyline Drive, Conway, AR 72032

Recently extended lease provides 9+ years of term, 1% annual rent increases, and 3–5 year renewal options.

Property Size8,364 SF
Lot Size3.67 Acres
Price / SF$382.59
Days on Market187

Property Features for 600 Skyline Drive

General Information

Standard status Active
Size 8,364 SF
Lot size 3.67 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $228,365

Site & Location

Traffic Count 31,000 vehicles/day
Road Access Yes

Additional Details

Land Use restaurant

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Anchor Point Capital
Listed By: Eric Vu · License #01913407
Source: Crexi
Added: Feb 26 Changed: Aug 31 Last Checked: Sep 1 at 2:28AM

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 Anchor Point Capital

Investment Insights

Based on property information with market context.

This retail property is occupied by a single-tenant restaurant at 600 Skyline Dr in Conway, Arkansas. The lease was recently extended for 10 years and has 9+ years remaining, with 1% annual rent increases and 3–5 year renewal options. The restaurant has operated at this location for 23 years, and reported sales totaled $2.48M in FY 2022.

The offering includes the restaurant’s 1.99-acre lot plus an adjacent 1.68-acre lot designated for future development. The property is positioned along Skyline Drive, identified as a major retail artery with over 31,000 vehicles per day. Nearby retailers listed in the property information include Walmart Supercenter, Lowe’s, Cinemark, Starbucks, and Harbor Freight. A new long-term billboard lease has also been signed.

Key Highlights

  • 10‑year lease extension with 9+ years remaining on the lease term
  • 1% annual rent increases and 3–5 year renewal options
  • Offering includes a 1.99‑acre lot plus an adjacent 1.68‑acre lot

Property Analytics

Current Use

MarketPlace Grill Restaurant

Suggested Use

Top Pick Parking Lot & Garage Law Firm Plumbing Service Kitchen & Bath Showroom Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

350
Businesses Nearby
466k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 31% Superstores 25% Shops & Services 22% Home Improvements & Furnishings 7%
Walmart Superstores
118,543 visits/mo 0.4 miles
Shell Shops & Services
34,986 visits/mo 0.1 miles
McDonald's Dining
34,238 visits/mo 0.1 miles
Cracker Barrel Old Country Store Dining
29,449 visits/mo 0.2 miles
7 Brew Coffee Dining
22,471 visits/mo 0.5 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Recently extended lease provides 9+ years of term, 1% annual rent increases, and 3–5 year renewal options.
Where is this retail space located?
The property is located at 600 Skyline Drive Conway, AR.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 10‑year lease extension with 9+ years remaining on the lease term; 1% annual rent increases and 3–5 year renewal options; Offering includes a 1.99‑acre lot plus an adjacent 1.68‑acre lot
More about this property
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