150 Oak St Conway, AR 72032-4681
- Community centers
- 121,821 SF
- 9.61 lot acres
Current Use by Public Records
- Hobby Lobby / Craft Store / Corporate Office
- Whole Hog Cafe - Conway / Caterer / Barbecue Restaurant
- Faulkner Plaza Shopping Center / Shopping Mall
- Planet Fitness / Fitness Center / Spa
- Big Lots / Furniture Store / Discount Store
Property Details for 150 Oak St
- Lot size
- 9.61 lot acres
- Property size
- 121,821 SF
- Property type
- Community centers
- APN
- 710-07832-000C
- APU
- 71007832000C
Description
Faulkner Plaza, located at 150 E Oak St, Conway, AR 72032, presents a significant opportunity for retailers seeking a prominent presence in a thriving Arkansas market. This exceptional big box retail property offers a total of 121,821 square feet, with a substantial 32,550 square feet currently available for lease. The vacant space is ideally suited for a large-format tenant seeking high visibility and ample space to showcase their merchandise. The property's multiple tenancy structure allows for flexibility and potential synergy with existing businesses. The expansive 32,550 square feet of contiguous space represents a rare find in Conway, providing an unparalleled opportunity for a significant retail operation. The property's location at 150 E Oak St ensures excellent accessibility and high traffic volume, maximizing exposure to potential customers. This is a turnkey solution for businesses looking to establish or expand their retail footprint in a dynamic and growing community. The property's size and location make it an ideal candidate for a variety of retail uses, offering a unique opportunity to capitalize on the strong retail market in Conway, Arkansas. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 35.092907 and longitude -92.4271991.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,075,000
- 6.5%
- $1,065,000
- 7%
- $960,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,020,000
- Geo Method
- $1,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,090,000
- Retail
- $930,000
- Mixed-Use
- $905,000
- Hospitality
- $1,170,000
- Educational
- $1,070,000
- Residential Income
- $1,005,000
- Energy
- $940,000
- Income-Based Land
- $1,115,000
- Food Service
- $1,055,000
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.4269
- Latitude
- 35.0935
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
