Fayetteville Fitness One sold 2023
A 44,000-square-foot fitness center adjacent to the Fayetteville campus of Cross Church was sold for $16 million.
The purchaser was McMillan & Wedington LLC, led by Travis Ruff, co-founder of Fayetteville’s Milestone Construction Company. The structure, situated on 3.85 acres just east of Interstate 49, was originally a Fitness One location at 2736 W. McMillan Drive.
A loan in excess of $14.8 million was granted by Arvest Bank.
Maverick Decatur Georgia LLC of Long Beach, California, a subsidiary of Maverick Investments by Kurt Schneiter, was the purchaser. Maverick is also a partner in the Iconix Fitness chain, which briefly occupied the property after Schneiter acquired it in January for $9.69 million.
Horton Within the Walls
Two-story office building sold for $2.45 million in Rogers.
The purchaser was 5502 West Walsh Lane LLC, a Texas subsidiary of D.R. Horton Inc. D.R. Horton, the nation’s largest homebuilder, entered the northwest Arkansas market in December 2022 when it paid $107 million for Fayetteville’s Riggins Custom Homes.
The 14,856-SF structure can be found on West Walsh Lane. Sunkireddy Estates LLC, led by Suresh Sunkireddy, was the purchaser. In 2017, Sunkireddy acquired the property for $1,8 million.
Burger King
A Burger King location in Rogers was purchased for $2.43 million.
Elaine Landis of Playa Del Rey, California, acquired the 3,044-square-foot property on South 26th Street through her property trust subsidiary. The restaurant occupies a little over 1 acre.
Cantaloupe U LLC, led by Terry Clark of Springdale, was the vendor. In 2018, Clark acquired the property for $725,000.
Slim Chickens
The co-founders of Slim Chickens paid $1,300,000 for sole ownership of the chain’s newly opened location in Bentonville.
Tom Gordon and Greg Smart acquired the 3,328-square-foot property on SW Regional Airport Boulevard through their SC RAB LLC. In February 2022, the restaurant opened for business. A loan of $1.1 million from Legacy National Bank was subsequently increased to $1.5 million.
Walmart Real Estate Business Trust sold half-shares to SC RAB and Resource Planning Accommodation LLC, headed by Little Rock’s James Dunlap, for $708,000. In 2021, Gordon and Smart owned 50% of the 1.2-acre property.
Birdeye Real Estate
Rogers printing company sold for slightly over $2 million.
The West Easy Street printing facility was acquired by J Allen Investments LLC, led by Jonathan Allen of Springdale. On 3 acres, the 20,867 SF property includes office and warehouse space.
Simmons Bank extended a loan for just under $2 million.
Triple S LLC of Rogers, managed by Stephen Shanks and Benton Smith, was the seller. Shanks and Smith are Birdeye Printing’s proprietors.
The neighborhood of East Fayetteville Home
A 5,381-square-foot home in east Fayetteville was sold for $1,421,000.
Jesse Gray, through his Fayetteville-based JRG Properties LLC, was the purchaser of the North Crest Drive residence. The proprietor of Northwest Orthodontics is Gray.
Austin, Texas’s Park Place Finance provided a loan of slightly more than $1 million. Michael Curry and Embry Foltz Curry, who purchased the property for $550,000 in 2009, were the purchasers.
Space Cowboy
A Fayetteville music and video recording studio was sold for $810,000.
Divine Dwellings LLC, led by Anne Ward Stevens and Robert Coben, acquired the 2,504-SF Cosmic Cowboy at 314 W. Meadow St. with a $688,500 loan from Legacy National Bank. Meade and Mary Gillcoat were the proprietors of the property.
