For Sale
$1,150,000

900 Runway Drive Conway, AR 72032

15,298 SF industrial building on 1.09 acres, Conway, AR. High income potential.

Source: https://www.naisullivangroup.com

Overview

Added:
Apr 1
Days on market:
27
This Conway, Arkansas industrial property, located at 900 Runway Drive, offers a compelling investment opportunity. The 15,298 square foot building sits on 1.09 acres of land and is currently 72% occupied, generating a net operating income of $62,843. The property is zoned I-3 and features a metal building construction with four grade-level doors, a 12-foot clear ceiling height, and 800 amps of power. A newly remodeled office area complements the substantial industrial service area. Currently, 4,258 square feet is available for lease at $7.00 per square foot, triple net (NNN). The asking price for the entire property is $1,150,000. This property is ideally situated just west of Interstate 40 at the 6th Street exit, providing excellent access to major transportation routes. The combination of existing income, lease potential, and strategic location makes this an attractive investment for buyers seeking a strong return.

Highlights

  • 15,298 sq ft industrial building on 1.09 acres in Conway, AR.
  • $1,150,000 sale price, or $7/sq ft NNN lease.
  • 72% occupancy, generating $62,843 annual income.

Property Details for 900 Runway Drive

Property type
Industrial properties, Flex space
Square Feet
15,298 SF
Price / Square Foot
$75.17
Buildings
1
Stories
1
Elevators
N/A
Net Rentable (sq. ft)
15,298 SF
Lot Size (sq. ft)
47,480 SF
Occupancy
72%
Net Operating Income
$62,843

Location Insight

City
Conway
County
State
Arkansas

FAQs

What type of property is this?
Industrial property - 15,298 SF industrial building on 1.09 acres, Conway, AR. High income potential.
Where is the industrial property located?
The property is located at 900 Runway Drive Conway, AR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 15,298 sq ft industrial building on 1.09 acres in Conway, AR.; $1,150,000 sale price, or $7/sq ft NNN lease.; 72% occupancy, generating $62,843 annual income.
How can I contact the broker?
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900 Runway Drive
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