Outback Steakhouse — Sale in Conway, AR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Conway, AR 72032

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer Outback Steakhouse for sale in Conway, Arkansas. The property is a relocation store, built in 2017, and building is 6,497 square feet on 1.47-acre land. Conway’s strong community spirit, high-performing schools and colleges, family friendly recreation, and vibrant economy attract visitors, residents, and businesses to the city. It is this quality of life in Conway and the surrounding area that has made Faulkner County the 72nd fastest-growing county in the nation, out of 3,007 counties, according to the U.S. Census Bureau. Conway has three institutions of higher learning - the University of Central Arkansas, Central Baptist College, and Hendrix College - that produce graduates who choose to stay in the area and enter the workforce. As a result, nearly 40 percent of Conway’s adults have a post-secondary degree. This educational level is a boon to employers in all sectors, and Conway has a variety - manufacturing, education, health services, and technology and information services, to name a few. As of 2026 Q1, unemployment rate is 3.7% compared to 4.1% US, and Y-O-Y sales growth is 5.49% compared to 2.1% US. Job growth rate is HIGH compared to Stabilizing US. Outback Steakhouse in high-growth city of Conway, Arkansas is a good fit for those that are looking for truly passive investment with the corporate guaranty from the publicly traded Bloomin’s Brands, Inc. Investment Highlights: • Conway is currently experiencing a significant wave of industrial and commercial expansion • Rare Corporate Guaranty from Bloomin' Brands, Inc. (NASDAQ: BLMN) • 2.5 Miles from University of Central Arkansas (11,700 Students) • 84,700 Daytime Employees in Trade Area • 578 Hotel Rooms within Walking Distance • Relocation Store Built in 2017 • 6.5 Years Corporate Ground Lease Remaining

Market Context

This retail in Conway, AR is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Conway, AR — view the full market.

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