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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



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.
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
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
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
PROPERTY TAXES
| Parcel Number | 231-900000-100 | Total Assessment | $97,748 |
| Land Assessment | $19,079 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $78,669 | Tax Year | 2024 |
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
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203 E Military Rd
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