5390 BARKSDALE BLVD, BOSSIER CITY, LA 71112 For Sale

The subject property is a 12,682 square foot strip center that is 100% leased to Anytime Fitness and Bossier Family Medicine. Bandon Fitness, the largest Anytime Fitness franchisee with over 250 locations nationally, signed a 15-year lease which runs through June of 2035, leaving over 10 years remaining on their initial lease term. Their lease provides for ten percent rent increases every five years with the next increase to occur in April of 2029. Bossier Family Medicine, which has operated at the site since 2016, recently renewed their lease for a five-year term with 3% annual rent increases.

Bandon Fitness is the largest Anytime Fitness Franchisee with over 140,000 members nationally. Sentinal Capital Partners, once of the most experienced private equity investors in the US franchising space, recently acquired Bandon Fitness in July of 2022.

Bossier Family Medicine is a full-service primary care practice with three convenience locations in Bossier City and Stonewall, Louisiana, including an office in South Bossier and North Bossier. The family medicine practice has provided patient-focused care to children, teens and adults for more than 20 years.

Located along Barksdale Boulevard, the subject property features excellent exposure along the area’s main traffic thoroughfare with daily traffic counts in excess of 26,200 vehicles. The property is ideally positioned at the entrance to Jamestown Place, a 344-unit apartment complex featuring a variety of communal amenities including two resort style pools, billiards room, playgrounds and more. The area is experiencing continued development with the recent additions of Taco Bell and Family Dollar, both situated directly adjacent to the subject property.