Planet Fitness - Absolute NNN
Retail-Commercial
for Sale
| Catylist Listing ID: |
29618262 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
16,464 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$3,430,000 |
| Unit Price: |
$208.33 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Planet Fitness |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.0% |
| Last Updated: |
3/31/2020 |
Overview / Comments
|
Please contact the agent for more information about this listing.
|
Financials
| Finance Data Year |
2015 |
| Net Operating Income |
$181,104 (Annual) |
Current Tenants
| Tenant Business Name |
Planet Fitness |
| Website URL |
www.planetfitness.com |
| Industry Type |
Retail Trade |
| Is Renting? |
Yes |
| SF of Space Occupied |
16,464 SF |
| Current Rent |
$181,104 PSF (Annual) |
| Lease Expiration |
1/0001 |
| Escalations |
13% rate increase beginning year 6 |
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Bernalillo |
| Submarket/Township: |
Cottonwood |
| Tax ID/APN: |
ABQ8674 |
| Zoning: |
MX-L - Mixed-use: Low Intensity |
| Property Located Between: |
Irving Blvd. and Golf Course Rd. |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
10,300 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Construction/Siding: |
Concrete - Tilt up |
| Total Parking Spaces: |
70 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
19,415 |
79,802 |
180,359 |
| Median Age: |
35.01 |
36.76 |
37.92 |
| Households: |
7,476 |
30,244 |
70,215 |
|
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