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Esporta Fitness – Little Rock, AR

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Esporta Fitness – Little Rock, AR

11700 Chenal Pkwy

Little Rock, AR 72211

Price:
$10,300,364
Cap Rate:
7.40%
NOI:
$762,227
Rentable SQFT:
43,264 SF
Year Built:
1997/2013
Lot Size:
4.85 AC
Lease Type:
NN
Type of Ownership:
Fee Simple
Status:
Available

Investment Highlights

  • LA Fitness’ Newest Fitness Club Model
  • Major Recapitalization – Moody’s 06/01/21
  • Outstanding Location
  • Dense Demographics

The NNN Fitness Group of Marcus & Millichap is pleased to present the opportunity to purchase a freestanding Esporta Fitness located in Little Rock, AR, the capital, and most populous city of Arkansas. The offering is a 43,264-square-foot facility positioned on 4.85 acres off Chenal Pkwy (39,000 vehicles per day) and less than a mile from I-430 (84,000 vehicles per day). This location is a brand-new fitness model under the LA Fitness umbrella of clubs, offering state-of-the-art equipment, group fitness classes, a basketball court, a racquetball court, a spa, and an indoor pool.

Situated in the heart of a major retail area surrounded by National retailers such as Target, Walmart, Home Depot, Sam’s Club, Lowes, Hobby Lobby, Best Buy, Whole Foods, Trader Joe’s, PetSmart, Guitar Center, and many more. The property benefits from dense demographics with a five-mile population of 121,679 with an average household income of $84,270. 

 

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  • Confidentiality and Disclaimer

    The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NNN Fitness and distribution to any other person or entity without the express written consent of NNN Fitness is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NNN Fitness has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. NNN Fitness has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, NNN Fitness has not verified, and will not verify, any of the information contained herein, nor has NNN Fitness conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Mark Thiel

Senior Managing Director Investments

858-373-3206

Email & Bio »

Anne Williams

Broker of Record

Lic #: PB00066390