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319 Highway 365 9,900 SF 31% Leased Flex Building Conway, AR 72032 $1,367,680 CAD ($138.15 CAD/SF) 8.07% Cap Rate



Investment Highlights
- Next to I-40 Access
Executive Summary
Positioned near immediate access to Interstate 40, this ±9,900 SF multi-tenant flex/industrial investment opportunity offers stable income with owner-user upside in one of Central Arkansas’ most accessible industrial corridors.
Situated on 1.00 acre, the property consists of two 55’ x 90’ metal industrial buildings totaling 9,900 square feet, demised into six (6) separate 1,650 SF suites. Each suite includes a private restroom, four units include built-out office space, and all suites are separately metered for electricity, allowing for efficient tenant expense recovery. The property shares a common water meter.
Currently one vacant suite, this asset presents an attractive opportunity for an investor seeking in-place income with lease-up potential, or for an owner-user to occupy the available suite while benefiting from supplemental rental income from the remaining tenants.
Offered at $1,000,000, with market lease rates at $10.00/SF Modified Gross, the property provides strong cash flow potential in a highly desirable small-bay industrial product type with limited availability in the market.
Situated on 1.00 acre, the property consists of two 55’ x 90’ metal industrial buildings totaling 9,900 square feet, demised into six (6) separate 1,650 SF suites. Each suite includes a private restroom, four units include built-out office space, and all suites are separately metered for electricity, allowing for efficient tenant expense recovery. The property shares a common water meter.
Currently one vacant suite, this asset presents an attractive opportunity for an investor seeking in-place income with lease-up potential, or for an owner-user to occupy the available suite while benefiting from supplemental rental income from the remaining tenants.
Offered at $1,000,000, with market lease rates at $10.00/SF Modified Gross, the property provides strong cash flow potential in a highly desirable small-bay industrial product type with limited availability in the market.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$130,477
|
$54.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$130,477
|
$54.96
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$20,105
|
$8.47
|
| Net Operating Income |
$110,372
|
$46.49
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $130,477 |
| Annual Per SF | $54.96 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $130,477 |
| Annual Per SF | $54.96 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $20,105 |
| Annual Per SF | $8.47 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $110,372 |
| Annual Per SF | $46.49 |
Property Facts
| Price | $1,367,680 CAD | Lot Size | 1.00 AC |
| Price Per SF | $138.15 CAD | Rentable Building Area | 9,900 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 8.07% | Year Built | 2021 |
| Property Type | Flex | Clear Ceiling Height | 16’ |
| Building Class | B |
| Price | $1,367,680 CAD |
| Price Per SF | $138.15 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.07% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 1.00 AC |
| Rentable Building Area | 9,900 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Clear Ceiling Height | 16’ |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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