NNN Investment Property in Fort
For Sale
Contact for pricing
6220 Huntington Cir, Fort Smith, AR 72916
Fully occupied NNN investment property leased to Anytime Fitness.
Property Size6,000 SF
Price / SF$214.29
Days on Market153
Property Features for 6220 Huntington Cir
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Mixed Use, Retail
Occupancy
100%
Lease Type
NNN
Building Details
Year Built
2019
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sage Partners - Rogers, Arkansas
(479) 845-3000
Listed By:
Tom Allen · License #PB00064895
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 10 at 12:50PM
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 Cushman & Wakefield - Sage Partners - Rogers, Arkansas
Investment Insights
Based on property information with market context.
This 6,000 SF commercial property in Fort Smith, Arkansas, is offered for sale as a fully occupied, NNN investment. The building is 100% leased to Anytime Fitness. The property is located within Chaffee Crossing, a mixed-use district experiencing rapid growth. Its location benefits from its proximity to major medical campuses, corporate headquarters, and high-end residential neighborhoods. The area supports an affluent and expanding consumer base. The NNN lease structure provides investors with stable cash flow in a high-growth submarket, offering continued long-term upside. Anytime Fitness is a global fitness franchise known for its 24/7 secure access model, allowing members to use club facilities any time of day or night through a proprietary key-fob system. Founded in 2002 and based in Woodbury, Minnesota, the brand has grown to over 5,200+ locations across more than 50 countries, serving millions of members worldwide. The franchise emphasizes convenience, community, and personalized training options, making it a recognizable tenant in retail and mixed-use developments with recurring membership revenue and strong brand equity.
Key Highlights
- Fully occupied NNN investment property, providing stable cash flow.
- Located in Chaffee Crossing, a rapidly growing mixed‑use district.
- Tenant is Anytime Fitness, a global fitness franchise with strong brand equity and recurring membership revenue.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$941,480
$941.5K
Cap Rate 7%
$672,486
$672.5K
Cap Rate 9%
$523,044
$523.0K
Market Conditions
NOI Build-Up for 6,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.0K $12.00/SF
− Vacancy
−$4.8K −$0.79/SF
EGI
$67.2K $11.21/SF
− OpEx
−$20.2K −$3.36/SF
NOI
$47.1K $7.85/SF
Area
Sebastian County, AR
Vacancy
6.60%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$941,480
Cap Rate 7%
$672,486
Cap Rate 9%
$523,044
Alternative Uses
Best Use
Retail
$672.5K
$588.4K – $784.6K
NOI $47,074 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.28M
$1.12M – $1.49M
NOI $89,359 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,726 visits/mo
0.5 miles
Demographics for 72916, AR
10,250
Population
4,720
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
92%
High-School Grad
37.7 sq mi
ZIP Area
272
Density / Sq Mi
$88,125
Median Household Income
$51,444
Median Earnings
$1,212
Median Rent
$257,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Fully occupied NNN investment property leased to Anytime Fitness.
Where is this retail space located?
The property is located at 6220 Huntington Cir Fort Smith, AR.
What is the asking price?
The asking price for this property is $1,285,714.
What are key features of this property?
This property features: Fully occupied NNN investment property, providing stable cash flow.; Located in Chaffee Crossing, a rapidly growing mixed‑use district.; Tenant is Anytime Fitness, a global fitness franchise with strong brand equity and recurring membership revenue.
