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: |
2/15/2021 |
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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