For Sale
$2,665,000

2415 Prince St Conway, AR 72034

High-yield investment, 9,030 SF, 2 tenants

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 9,030-square-foot medical office building in Conway, Arkansas, presents a compelling investment opportunity. Boasting a 7.50% cap rate and an asking price of $2,665,000 ($295.13/SF), this single-story property is situated on a 0.82-acre lot and zoned 0-1. The building is currently multi-tenant, occupied by two highly reputable companies: AXPM Dental Management, LLC, a regional dental management firm with over 100 locations, and LHC Group, a nationally recognized, publicly traded home health agency (NASDAQ: LHCG). This strategic location in the heart of Conway offers exceptional visibility and accessibility, surrounded by a thriving mix of medical, office, retail, and educational institutions. Nearby national retailers include Chick-fil-A and Walmart. The property's proximity to Central Baptist College (4-minute drive), Hendrix College (5-minute drive), and the University of Central Arkansas (3-minute drive) further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a high-performing asset in a dynamic and expanding market.

Highlights

  • 9,030 SF medical office building in Conway, AR, offering a 7.50% cap rate.
  • Asking price: $2,665,000 ($295.13/SF).
  • Single-story building on a 0.82-acre lot, zoned O-1.
  • Multi-tenant occupancy with AXPM Dental Management and LHC Group.
  • Excellent location with high visibility near major retailers and universities.

Property Details for 2415 Prince St

Property type
Office properties, Medical offices
Square Feet
9,030 SF
Stories
1
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Conway
County
Faulkner
State
Arkansas
Latitude
35.092120047596
Longitude
-92.461570640385

FAQs

What type of property is this?
Office property - High-yield investment, 9,030 SF, 2 tenants
Where is the office property located?
The property is located at 2415 Prince St Conway, AR.
What is the asking price?
The asking price for this property is $2,665,000.
What are key features of this property?
This property features: 9,030 SF medical office building in Conway, AR, offering a 7.50% cap rate.; Asking price: $2,665,000 ($295.13/SF).; Single-story building on a 0.82-acre lot, zoned O-1.
How can I contact the broker?
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2415 Prince St
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