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2325 Dave Ward Dr
Conway, AR 72034 Conway

$1,440,000 USD

Fast Food For Sale  •  3,314 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,314 SF
• Lot Size 1.02 AC
• Building Class B
• Year Built 2016
• Cap Rate 6.25 %
• Tenancy Single
• Zoning C

0 Transit Score

45 Walk Score

Highlights

With a strong franchisee operator. Long-term lease backed by Flis Enterprises, a seasoned 23-unit Burger King franchisee.

Lease features 10% rent bumps every 5 years, including throughout the option periods.

With a strong population base and growth, Conway, Arkansas, now has approximately 69,577 residents with a median household income of ~$62,886.

Faulkner County, Arkansas’s population is estimated at ~133,313 in 2025, growing ~1.3% annually, with a median household income of ~$65,071.

The Dave Ward Drive / Highway 65B corridor has undergone multi-lane expansion and roundabout installations to support rising traffic volumes.

Conway is nicknamed the “City of Colleges,” home to three institutions of higher education. Education, healthcare, and tech.

Cap Rate:

6.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Burger King

Public Transportation

Airport	Drive	Walk	Distance
Bill and Hillary Clinton Ntl/Adams Field	41 min	-	33.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	24
Type:	Surface
Included in Rent:	Yes