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: 9/11/2019

Overview / Comments

Please contact the agent for more information about this listing.


Finance Data Year 2015
Net Operating Income $181,104 (Annual)

Current Tenants

Tenant Business Name Planet Fitness
Website URL
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

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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


Photograph of Listing Agent

Robert Powell, CCIM

Retail Solutions CARNM CIE Member
Photograph of Listing Agent

Daniel Kearney

Retail Solutions CARNM CIE Member
Photograph of Listing Agent

Austin Tidwell

Retail Solutions CARNM CIE Member
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