501 Elsinger BlvdConway, AR 72032

Property Details for 501 Elsinger Blvd

Year built

2004

Lot size

9.58 AC

Property size (Sq ft)

124,079 SF

Property type

Retail space

APN

712-07133-006

APU

71207133006

Description

This exceptional 49,654 square foot power center, known as Conway Commons, presents a prime leasing opportunity in the thriving city of Conway, Arkansas. Located at 501 Elsinger Blvd, zip code 72032, this multi-tenant retail property offers immediate access to a high volume of consumers. Currently, there is 1,700 square feet of vacant retail space available for lease, perfect for a variety of businesses seeking high visibility and foot traffic. The property is situated in Faulkner County, providing easy access to major transportation routes and a strong local customer base. The existing tenants create a synergistic environment, attracting a diverse range of shoppers. This power center offers a strategic location within a bustling commercial area, ensuring maximum exposure for your business. The 1,700 square foot space is ready for immediate occupancy and presents a unique chance to establish or expand your retail presence in a thriving Arkansas market. Don't miss this opportunity to secure a prominent location in Conway Commons. Contact us today to schedule a viewing and discuss your leasing needs. The property is classified as Retail, specifically a Power Center.

• CAP approach

  CAP return

  Valuation

  6%

  $28,991,774

  6.5%

  $26,761,638

  7%

  $24,850,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,365,934

  Geo Method

  $22,365,934

• Alternative Use

  Use

  Valuation

  Residential

  $22,574,442

  Hospitality

  $20,678,068

  Educational

  $17,203,910

  Medical

  $17,795,580

  Retail

  $26,761,638

Location Insight

City

Conway

County

Faulkner

State

Arkansas

Latitude

35.086

Longitude

-92.4141

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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