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815 S Donaghey Ave 6,246 SF 100% Leased Office Building Conway, AR 72034 $2,000,000 ($320.20/SF) 7.27% Cap Rate
Executive Summary
Cushman & Wakefield | Sage Partners is pleased to exclusively offer for sale a well-positioned commercial property located at 815 S Donaghey Avenue in Conway, Arkansas. The property presents a unique opportunity for investors, offering the flexibility to acquire an income-producing asset with existing tenancy in place or pursue future occupancy of the building.
The property is currently leased to Hopebridge, LLC and subleased to Legacy Learning Center, providing an established income stream for an investor seeking a stabilized acquisition.
The property is currently leased to Hopebridge, LLC and subleased to Legacy Learning Center, providing an established income stream for an investor seeking a stabilized acquisition.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
6,246 SF
Building Class
A
Year Built
2020
Price
$2,000,000
Price Per SF
$320.20
Cap Rate
7.27%
NOI
$145,407
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,246 SF
Building FAR
0.14
Lot Size
1.02 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Hopebridge, LLC
- -
- 6,246 SF
- -
- Triple Net
- Apr 2031
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Hopebridge, LLC | - | 6,246 SF | - | Triple Net | Apr 2031 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 710-08561-004 | Improvements Assessment | $201,990 |
| Land Assessment | $97,750 | Total Assessment | $299,740 |
Property Taxes
Parcel Number
710-08561-004
Land Assessment
$97,750
Improvements Assessment
$201,990
Total Assessment
$299,740
Contacts
-
Colby Hoagland -
Cole Baldwin -
Aaron Nicholson -
Cushman & Wakefield | Sage Partners
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815 S Donaghey Ave
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