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New Fitness Center Triple Net
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5805 Rogers Ave, Fort Smith, AR 72903

Newly built 22,000 SF Planet Fitness is leased long term on a large parcel with strong neighborhood retail synergy.

Property Size22,000 SF
Lot Size2.32 Acres
Days on Market124

Property Features for 5805 Rogers Ave

General Information

Standard status Active
Size 22,000 SF
Lot size 2.32 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 33,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Year Built 2016
Tenancy Single
Listing Agency: NAI Capital - Pasadena
Listed By: Guillermo Olaiz · License #CA Broker # 01778986
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital - Pasadena

Investment Insights

Based on property information with market context.

The property is a newly constructed 2016 build-to-suit facility totaling approximately 22,000 square feet, built to serve as a long-term Planet Fitness location. The site is a large land parcel of approximately 2.32 acres designed to accommodate customer parking demand. The Planet Fitness space includes newly installed fire and life safety systems, exposed HVAC ducts, ADA bathrooms and showers, spacious locker rooms, and a wide open floor plan with high ceilings and lighting.

The property benefits from retail synergy provided by shadow anchor tenants including Staples, Burlington Coat Factory, Toys R’ Us, and McDonald’s. Retail thoroughfare Rogers Ave. is cited at over 33,000 cars per day, and nearby Interstate 540 is cited at over 46,000 cars per day.

The facility is described as a junior anchor in a high-density infill area shopping center near Fort Smith’s Central Mall. The property is offered as a passive income investment with a 10.5-year triple net lease structure, with 10 years remaining as of the information provided.

Key Highlights

  • Newly constructed 2016 22,000 SF build‑to‑suit Planet Fitness, leased long term
  • Large 2.32‑acre parcel designed to accommodate high customer parking demand
  • 10.5‑year triple‑net (NNN) lease with 10 years remaining

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency HVAC Service Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

980
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 43% Groceries 19% Shops & Services 17% Dining 12%
JCPenney Apparel
39,603 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
38,159 visits/mo 0.4 miles
Marshalls Apparel
37,945 visits/mo 0.4 miles
Braum's Ice Cream & Dairy Stores Dining
24,577 visits/mo 0.1 miles
Big Lots Superstores
19,685 visits/mo 0.4 miles

Demographics for 72903, AR

25,225
Population
12,079
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
91%
High-School Grad
16.2 sq mi
ZIP Area
1,557
Density / Sq Mi
$60,186
Median Household Income
$36,560
Median Earnings
$804
Median Rent
$216,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly built 22,000 SF Planet Fitness is leased long term on a large parcel with strong neighborhood retail synergy.
Where is this nnn property located?
The property is located at 5805 Rogers Ave Fort Smith, AR.
What are key features of this property?
This property features: Newly constructed 2016 22,000 SF build‑to‑suit Planet Fitness, leased long term; Large 2.32‑acre parcel designed to accommodate high customer parking demand; 10.5‑year triple‑net (NNN) lease with 10 years remaining
(626) 204-1527 Call to check price and availability
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