945 Amity Rd Conway, AR 72032
Property profile & analytics
945 Amity Rd Conway, AR 72032
- Commercial real estate
- 2,480 SF
- 1.05 lot acres
Property ID
US05-2375151
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 945 Amity Rd
- Lot size
- 1.05 lot acres
- Property size
- 2,480 SF
- Property type
- Commercial real estate
- APN
- 711-07682-010, 711-0768-012
Description
This exceptional investment opportunity presents a brand-new 2024-built Starbucks located at 945 S Amity Rd, Conway, AR 72032. The property boasts a 2,480 square foot building situated on a 1.05-acre lot (APN: 711-07682-010, 711-0768-012). The property is a single-tenant, net lease investment with a strong Starbucks tenant, offering a 10.2-year initial lease term commencing January 1, 2025, and expiring February 28, 2035. This equates to a remaining lease term of 10.3 years. The lease includes four, five-year option periods with a 7.5% rental increase every five years. The property enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $187,027, resulting in a 6.00% capitalization rate. The asking price is $3,117,100, translating to a price per square foot of $1,256.90. This prime location benefits from high traffic flow and visibility, and its proximity to the University of Central Arkansas, Hendrix College, and Central Baptist College provides a substantial built-in customer base within a rapidly growing city. The property's strategic placement within a robust retail neighborhood and its association with a globally recognized brand contribute to its significant investment potential. This is a rare opportunity to acquire a high-performing asset in a thriving market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.4150324
- Latitude
- 35.0668521
