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Fitness Center

Esporta Fitness | Little Rock MSA | 6.50% Cap Rate | 4.85 Acres

11700 Chenal Pkwy, Little Rock, AR 72211

Listing Price: $11,726,569

Cap Rate
6.50%
Tenant Name
Esporta Fitness
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
43,264
Lease Type
Double Net
Rent Per Square Feet
$17.62

Investment Overview

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.

Investment Highlights

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

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Fitness Center

Esporta Fitness | Little Rock MSA | 6.50% Cap Rate | 4.85 Acres

Listing Price: $11,726,569

Cap Rate
6.50%
Tenant Name
Esporta Fitness
Years Remaining On Lease
7.1
Guarantor
Corporate Guarantee
Rentable SF
43,264
Lease Type
Double Net
Rent Per Square Feet
$17.62

Investment Highlights

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

Investment Overview

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.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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