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    2100 Meadowlake Rd Conway, AR 72032

    For Lease
    $16 SF/Yr

    High-traffic shopping center with 9,000 SF available.

    Lot size:
    19,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 19,000 square foot, single-story Class B shopping center, built in 1998, is situated on a 1.84-acre lot in Faulkner County's Conway submarket. The property boasts 8 suites, with 9,000 square feet currently vacant, offering spaces ranging from 2,400 to 3,900 square feet. Ample parking is provided with 104 spaces. The center benefits from a C-2 zoning designation and enjoys excellent visibility at a signalized intersection in a densely populated area. Recent improvements include new parking lot resurfacing and landscaping. The location is highly desirable, with proximity to major roadways, including Interstate 40 (25,000 vehicles per day) less than a mile away. Furthermore, its strategic position near the University of Central Arkansas (1.9 miles), Hendrix College (1.4 miles), and Conway Regional Hospital (2.0 miles) ensures a consistent flow of potential customers. The property is surrounded by a vibrant mix of businesses, including Wal-Mart, Lowe's, Kum & Go, Dairy Queen, and more. Existing tenants include Edward Jones, The Ride, Hurley Chiropractic, Cosmo Beauty Supply, and L&M Donuts. Three spaces are immediately available, offering a unique opportunity for businesses seeking a prime location in a thriving commercial area. Some suites feature medical-grade finishes, including an x-ray room and exam rooms with sinks.

    Property Features for 2100 Meadowlake Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,000 SF
    Class
    B
    Total Rate
    25333.33

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 8
    Size
    3,900 SF
    Rate per SF
    $16
    Space
    Suite 7
    Size
    3,900 SF
    Rate per SF
    $16
    Space
    Suite 2 & 3
    Size
    2,400 SF
    Rate per SF
    $16

    HighLights

    • 19,000 SF Class B shopping center with 8 suites in Conway, AR.
    • 1.84‑acre site with 104 parking spaces.
    • 9,000 SF of vacant space available, with three spaces ranging from 2,400 SF to 3,900 SF.
    • Located at a signalized intersection with excellent visibility in a densely populated area near major roadways and institutions including the University of Central Arkansas, Hendrix College, and Conway Regional Hospital.
    • Strong tenant mix including Edward Jones, The Ride, and others, with recent property improvements including parking lot resurfacing and landscaping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Ride Bicycle Shop Canvas Salon Beauty Salon Arkansas Pelvic Health ... Physical Therapist Edward Jones - Financial ... Financial Consultant lazy daze pools General Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.454556077297
    Latitude
    35.110195785943

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center with 9,000 SF available.
    Where is this lifestyle center located?
    The property is located at 2100 Meadowlake Rd Conway, AR.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 19,000 SF Class B shopping center with 8 suites in Conway, AR.; 1.84-acre site with 104 parking spaces.; 9,000 SF of vacant space available, with three spaces ranging from 2,400 SF to 3,900 SF.
    Request Owner's contact information
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    Conway, AR 72032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2100 Meadowlake Rd Conway, AR 72032
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