Fitness Center with Absolute NNN
815 MALCOLM AVE, Newport, AR 72112
For Sale
New
Contact for pricing
The tenant covers operating and capital expenses under the absolute NNN lease structure.
Property Size6,000 SF
Price / SF$141.45
Days on Market5
Property Features for 815 MALCOLM AVE
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Tenant in Place
Building Details
Tenancy
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 2:44PM
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 - San Diego, California
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Investment Insights
Based on property information with market context.
This 6,000-square-foot fitness center is occupied by Anytime Fitness under an absolute NNN lease, with no landlord responsibility for operating or capital expenses. The 15-year initial term began in October 2023, leaving approximately 12.5 years. Rent increases 3% annually during the initial term, followed by fair market value adjustments between the two 5-year renewal options.
The property is on Malcolm Ave, Newport’s main traffic and retail corridor, where daily traffic exceeds 9,600 vehicles. The tenant is Bandon Fitness, which operates more than 215 Anytime Fitness locations globally and serves over 140,000 members.
The property is on Malcolm Ave, Newport’s main traffic and retail corridor, where daily traffic exceeds 9,600 vehicles. The tenant is Bandon Fitness, which operates more than 215 Anytime Fitness locations globally and serves over 140,000 members.
Key Highlights
- 6,000‑square‑foot Anytime Fitness location
- Absolute NNN lease with zero landlord responsibility for operating or capital expenses
- 15‑year initial lease term began in October 2023, with approximately 12.5 years remaining
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 72112, AR
11,065
Population
4,394
Households
2.5
Avg Household Size
40
Median Age
12%
College-Educated
82%
High-School Grad
327.6 sq mi
ZIP Area
34
Density / Sq Mi
$36,563
Median Household Income
$22,588
Median Earnings
$663
Median Rent
$97,200
Median Home Value
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Similar Off Market Nearby
- Vitality Chiropractic - Newport — 1122 Malcolm Ave, Newport, AR 72112
- Bare Beach Tanning & Fitness 827 Malcolm Ave Newport, Ar 72112 — 827 Malcolm Ave, Newport, AR 72112
- Anytime Fitness — 815 Malcolm Ave, Newport, AR 72112
Frequently Asked Questions
What type of property is this?
Fitness center & gym - The tenant covers operating and capital expenses under the absolute NNN lease structure.
Where is this fitness center & gym located?
The property is located at 815 MALCOLM AVE Newport, AR.
What is the asking price?
The asking price for this property is $848,722.
What are key features of this property?
This property features: 6,000‑square‑foot Anytime Fitness location; Absolute NNN lease with zero landlord responsibility for operating or capital expenses; 15‑year initial lease term began in October 2023, with approximately 12.5 years remaining
