The Planet Fitness just off Wedington Drive in Fayetteville was sold for $3.45 million this past week.
BNC Rental LLC, led by Rick Carpenter of Fayetteville, bought the property from Forest Hills Village LLC, led by Charles Palmer of Fort Smith. Palmer and Carpenter have co-owned, through a condominium regime agreement, the 10-acre lot just east of the Walmart Neighborhood Market since 2012.
Jordan Jeter and Philip Schmidt of Flake & Kelley Commercial Northwest represented Palmer in the sale. Carpenter was represented by Matthew Hairston of Flake & Kelley.
The Planet Fitness is one of the main businesses on a lot that also has an eye clinic and a Dickey’s BBQ Pit restaurant. Carpenter acquired the Dickey’s portion of the lot after the condominium regime was created in July 2012.
Palmer and Carpenter ended the condominium regime Feb. 8.