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203 E Military Rd 6,222 SF Retail Building Marion, AR 72364 $820,000 ($131.79/SF) 9.51% Cap Rate

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,222 SF
Building Class
B
Year Built/Renovated
2007/2024
Price
$820,000
Price Per SF
$131.79
Cap Rate
9.51%
NOI
$78,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.73 AC
Zoning
C-2 - Medium Density Commercial
Parking
30 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
267’ on E. Military Rd

AMENITIES

  • 24 Hour Access
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning

NEARBY MAJOR RETAILERS

Anytime Fitness
Food Giant Supermarket
Regions Bank
Zaxby's
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
231-900000-100
Land Assessment
$19,079
Improvements Assessment
$78,669
Total Assessment
$97,748
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 37890761

  • Date on Market: 9/30/2025

  • Last Updated:

  • Address: 203 E Military Rd, Marion, AR 72364

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