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| Price $8,734,000 | Built/Renov 1948 | Tenant Planet Fitness |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corp Traded |
| Size/SF
23,600
| Lease Start
01-10-2021
| #Units
2,575
|
| Price/SF $370.08 | Expiration
01-09-2031
| Tenant Type Sport/Fitness |
| NOI $589,528 | R. Term 5.4 | Ownership Fee Simple |
| Rent/SF
$24.98
| Increases 12.5%/6/yrs | Pop 5Mi 680,884 |
| Lot/AC 1.20 | Options 2/5yrs/12.5% | AHHI 5Mi $130,143 |
| | |
Planet Fitness is strategically located along Hawthorne Boulevard, a major thoroughfare, with access to approximately 13,119 vehicles passing by daily. The property is situated just 2 miles northeast of Los Angeles International Airport (LAX) and approximately 12 miles southwest of downtown Los Angeles, offering excellent connectivity via nearby freeways including I-105 and I-405. Surrounding...
...Re-purpose building
Recent building upgrades
Major thoroughfare
Central metro location
Affluent AHHI $100K 5 Mi
Major MSA
Brand new lease
Long 10+ yr lease
Over 2000 units backed
Corporate Guarantee
Planet Fitness was founded in Dover, NH in 1992. Today, Planet Fitness has become one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. by number of...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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