NNN Investment - Planet Fitness - Rio Rancho
Retail-Commercial
for Sale
| Catylist Listing ID: |
29618295 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
19,953 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$4,995,000 |
| Unit Price: |
$250.34 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Building Name: |
Planet Fitness |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.4% |
| Last Updated: |
5/19/2021 |
Overview / Comments
|
Please contact the agent for more information about this listing.
|
Financials
| Finance Data Year |
2015 |
| Net Operating Income |
$262,800 (Annual) |
Current Tenants
| Tenant Business Name |
Planet Fitness |
| Current Rent |
$262,800 PSF (Annual) |
| Lease Expiration |
1/0001 |
| Escalations |
15% increase year 5 |
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Sandoval |
| Submarket/Township: |
Rio Rancho |
| Tax ID/APN: |
1013068141354 |
| Zoning: |
SU-1 |
| Property Located Between: |
Southern Blvd. SE Rio Rancho, NM |
| Property Visibility: |
Excellent |
| Traffic/Vehicle Count: |
29,400 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Construction/Siding: |
Block |
| Zoning Description: |
C-1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,013 |
83,339 |
145,828 |
| Median Age: |
41.5 |
38.17 |
37.38 |
| Households: |
6,825 |
31,979 |
55,074 |
|
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