700 S German Ln

For SaleContact for pricing

700 S German Ln, Conway, AR 72034

  • Office
  • Office-Warehouse

700 S German Ln, Conway, AR 72034 - Office Space

700 S German Ln is located at 700 S German Ln in the Davies & Garvin neighborhood, AR, Conway, 72034. The Office building features a total of 254,000 Sqft.

There are 4 office spaces for lease in the Davies & Garvin neighborhood, totaling 15,300 Sqft of available office space. The office space availability for the 72034 zip code is 4,392 Sqft, in 1 office space.

In Davies & Garvin, there is 1 class B office building. At zip code level, there are 4 commercial properties, of which 2 are office buildings over 50,000 square feet.

Details

  • Sale Price Contact for pricing
  • City Conway
  • Neighborhood Davies & Garvin
  • Zip Code 72034
  • Property Type Office - Office-Warehouse
  • Property Size 254,000 Sqft
  • Lot Size 16 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated 27 Mar, 2019

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

For full property details and due diligence documents, please visit www.FRE.com/251D2

This online auction is for a ±254,000 SF industrial building on ±16.45 acres of land, located at 700 S. German Lane, Conway, Arkansas. Features/highlights are as follows:

  • Property boasts good visibility, traffic volume & access
  • Used primarily for warehouse storage/light manufacturing
  • Zoning: I-3 (Intensive Industrial District); current usage in conformance; City & County pushing for retail uses
  • Site is relatively level and is said to drain adequately
  • Public utilities, including city water, sewer, electricity & telecommunications in place
  • Primarily prefabricated steel building on a concrete slab
  • Building is fully insulated and parts have sprinklers
  • Building has multiple entrance doors, canopies & loading docks w/15 ground-level overhead doors & 18 dock-high overhead doors that are 12' high & 10' wide
  • Site improvements include asphalt parking, sidewalks & chain link fencing
  • Building is partially leased (30% occupancy)

Conway is the county seat of Faulkner County and located in the state's most populous Metropolitan Statistical Area, Central Arkansas. Although sometimes considered a suburb of Little Rock, Conway is unique in that the majority of its residents do not commute out of the city to work. The city also serves as a regional shopping, educational, work, healthcare, sports, and cultural hub for Faulkner County and surrounding areas. Conway's growth can be attributed to its jobs in technology and higher education with its largest employers being Acxiom, the University of Central Arkansas, Conway Regional Health System, Hewlett Packard, Hendrix College, Virco Manufacturing, Snap-on, Insight Enterprises, and many technology start up companies. Conway is home to three post-secondary educational institutions, earning it the nickname "The City of Colleges."

As of the 2016 Census Estimate, the city proper had a total population of 65,300, making Conway the seventh largest city in Arkansas. Central Arkansas, the Little Rock–North Little Rock–Conway, AR Metropolitan Statistical Area, is ranked 75th largest in the United States with 734,622 people in 2016. Conway is part of the larger Little Rock–North Little Rock, AR Combined Statistical Area, which in 2016 had a population of 905,847, and ranked the country's 60th largest CSA.

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 700 S German Ln?

Rental asking rate at 700 S German Ln is 700,000 per square foot.

What is the total square footage of 700 S German Ln?

700 S German Ln totals 254,000 square feet.

Davies & Garvin Demographics

The average household income in zip code 72034 is $72,861, from a total of 18,703 households. In terms of employment, there are 81.54 % white-collar and 18.46 % blue-collar jobs in zip code 72034.

Population

  • Total Population891
  • Male Population(48.5 %) 432
  • Female Population(51.5 %) 459
  • Median Age32.00

Income/Financial

  • Average Household Income$64,404
  • Median Household Income$48,908
  • Median Income Under 25$25,600
  • Median Income 25-44$52,814
  • Median Income 45-64$61,272
  • Median Income Over 65$40,040

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