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27029817
27029853

101 N Service Rd, Blytheville, AR 72315

RW
AR PB00069336
Crescent LLC
TP
AR SA00100098
Peterson Properties Group
Listed by Crescent LLC, Peterson Properties Group
$699,684
266 days on market
Updated 118 days ago

Anytime Fitness | Blytheville, AR

Details
Property Type Retail
Sub Type Shopping Center, Gym
Square Footage 9,500
Net Rentable (SqFt) 9,500
Units 2
Cap Rate 9.5%
NOI $66,470
Occupancy 66%
Tenancy Multi
Brand/Tenant Anytime Fitness
Lease Type NNN
Lease Term 7
Lease Expiration 12/31/2028
Remaining Term 2.6
Lease Options 3 (3 year) Options
Pro-Forma Cap Rate 16.55%
Pro-Forma NOI $115,820
Class B
Year Renovated 2016
Buildings 1
Stories 1
Acreage 1.160
Parking Spaces spaces
Investment Type Value Add
Lease Commencement 12/31/2021
Occupancy Date 12/31/2021
Ground Lease No
Ownership 213 Unit Franchise

Retail | 9.50% CAP | 9,500 SqFt

Marketing description

Prime Investment Opportunity – Anytime Fitness, Blytheville, AR

Offered is a unique chance to secure a high-value, tenant-backed investment in Blytheville, Arkansas, featuring Anytime Fitness, the world’s largest 24/7 fitness franchise. This location is operated by Bandon Holdings, the largest Anytime Fitness franchisee in the world, headquartered in Austin, TX. Founded in 2012, Bandon Holdings has grown rapidly, now operating 213 locations nationwide with nearly 500 employees, making them a highly stable and reputable tenant.

Value-Add Potential
With a targeted $75,000 investment in tenant improvements and $20,000 allocated for a leasing agent, an investor can unlock significant upside. Based on achievable rents of $12/SF—a rate below what Anytime Fitness is currently paying—the property is positioned to generate over $115,000 in Net Operating Income (NOI). This creates a compelling return profile and highlights the opportunity to secure strong, long-term cash flow at a below-market rent basis.

Market Growth – Blytheville, AR
Blytheville is experiencing measurable growth, driven by an expanding industrial base, infrastructure improvements, and a revitalized local economy. As a regional hub for commerce and services in Northeast Arkansas, Blytheville continues to attract both employers and residents, further enhancing demand for fitness, lifestyle, and retail offerings.

Why This Deal?

  • National credit-backed tenant with global brand strength.

  • Operated by Bandon Holdings – the #1 Anytime Fitness franchisee worldwide.

  • Immediate value-add upside with targeted capital deployment.

  • Rent structure below current tenant payments, ensuring sustainable occupancy.

  • Strong and growing Blytheville market fundamentals.

  • In a growing part of Blytheville - Hotel development right behind Anytime Fitness.

This opportunity combines tenant stability, growth potential, and value-add upside, making it an exceptional acquisition for investors seeking both near-term cash flow and long-term appreciation.

Listing Contacts

RW
AR PB00069336
Crescent LLC
TP
AR SA00100098
Peterson Properties Group
Listed by Crescent LLC, Peterson Properties Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,470.00
$5,539.17/mo

Valuation Metrics

0
DSCR
9.5%
Cap Rate
9.5%
ROI

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Additional Information

Name
Russell Watson
License
PB00069336
Brokerage
Crescent Commercial, LLC
Title
Principal
Name
Tyler Peterson
License
SA00100098
Brokerage
Crescent Commercial LLC
Brokerage Phone
9135157652
Title
Russ Watson
Brokerage Address
258 West Mulberry Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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