203 E Military Rd - Storefront Retail/Office FOR SALE


Marion, AR 72364
$820,000 USD
901-205-8618
203 E Military Rd, Marion, AR for Sale
$820,000 USD
Storefront Retail/Office - FOR SALE
1/27
null | 9.51% Cap Rate

203 E Military Rd
Marion, AR 72364


HIGHLIGHTS

  • NNN Sale-Leaseback | 10-Year Term | 9.5% Cap | $830K Appraisal
  • Fully Renovated Property – Turnkey investment, no immediate capital required.

OVERVIEW

NNN Sale-Leaseback | 10-Year Term | 9.5% Cap | $830K Appraisal Investment Highlights Triple-net lease (NNN) – Tenant responsible for CAM, insurance, and property taxes. 10-year lease in place. 9.5% Cap Rate – Strong cashflow opportunity. No repairs required – Fully renovated property. Sale-leaseback opportunity – Long-term tenant stability. Tenant & Operator The property is currently occupied by 870 Fitness, the leading independent fitness center in the market. #1 in revenue generation in the region. #1 on Google Reviews with a perfect 5-star rating. Operated by an experienced owner who has been in the fitness industry since 2004, including time as an Anytime Fitness franchisee and multiple independent club owner. Recipient of multiple Top 10% Franchise Awards for revenue and customer satisfaction. The current landlord is also the business owner, ensuring alignment of interests under this sale-leaseback structure. Owner has owned the building since 2012 and has been operating a fitness business at this location since 2007, demonstrating long-term commitment and stability. This offering provides investors with a stable, long-term tenant, consistent monthly cashflow, and the ability to build long-term equity and wealth through ownership of a fully renovated, high-performing property.

FOR SALE DETAILS

PRICE

$820,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

9.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C-2

APN/PARCEL ID

231-900000-100

ASK ABOUT THIS PROPERTY

Paul VandiverAnytime FitnessMore Info
901-205-8618

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Paul VandiverAnytime FitnessMore Info
901-205-8618

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.