Property summary
This exceptional 4,500 square foot restaurant space is ideally located in The Village at Hendrix, an award-winning New Urbanism development in Conway, Arkansas, within Faulkner County. Situated on the ground floor of a four-story mixed-use building, this end-cap unit boasts excellent visibility near the Harkrider Street roundabout, ensuring high foot traffic and brand recognition. The property offers ample outdoor seating options with a dedicated patio area and access to green space within the square. The lease rate is $12.00 per square foot, triple net (NNN), with NNN expenses estimated at $4.00 per square foot. Abundant parking is available with 250+ spots readily accessible to patrons. This prime location benefits from its proximity to Hendrix College and is surrounded by a thriving mix of single-family homes, multi-family residences, office spaces, retail establishments, and hotels. Easy access to Interstate 40 provides convenient access for customers and employees alike. The space is perfect for a restaurant seeking a vibrant and established location within a dynamic community. This is a single-tenant space within a bustling mixed-use development, offering a unique opportunity for a successful restaurant venture.
Property profile
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Current use
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
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