815 Malcolm Ave, Newport, AR 72112-3409

This exceptional investment opportunity presents a 6,000-square-foot storefront located at 815 Malcolm Ave, Newport, AR 72112. The property, built in 1968 and situated on a 0.33-acre lot, is currently leased to Anytime Fitness under a triple-net (NNN) lease with 14 years remaining until the primary term expires on December 31, 2038. The lease commenced October 1, 2023, and features attractive rental escalations, including a significant 15% increase every five years. The property boasts a strong net operating income (NOI) of $74,160, resulting in a compelling 7.75% capitalization rate. This low-price-point deal offers an attractive return on investment. The building enjoys excellent visibility and frontage on a main retail thoroughfare, providing optimal exposure for the tenant. This is a rare opportunity to acquire a long-term, absolute net lease with a highly recognizable and successful national tenant. The property's location in Newport, Arkansas, within Jackson County, offers a stable market for this type of investment. The asking price for this turnkey investment is $960,000.