| Price $5,385,000 | Built/Renov 1977/2018 | Tenant Crunch Fitness |
| Cap Rate 8.00% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
17,956
| Lease Start
07-21-2018
| #Units
48
|
| Price/SF $299.90 | Expiration
12-31-2032
| Tenant Type Sport/Fitness |
| NOI $430,944 | R. Term 8.7 | Ownership Fee Simple |
| Rent/SF
$24.00
| Increases 5.0%/0/yrs | Pop 5Mi 193,000 |
| Lot/AC 1.32 | Options 2/5yrs/5% | AHHI 5Mi $111,000 |
| | |
The subject property, a Crunch Fitness building, is located at the highly visible and easily accessible signalized hard corner intersection of Border Avenue and Via Del Rio, with a traffic count of 22,000 vehicles passing by daily. Additionally the site is situated minutes from the recently expanded, high traffic 91 Freeway, benefiting from 257,000 cars per day. The property is located in a...
...Signalized intersection
New prototype
Near major nationals
Freeway close
Highway location
Dense 100M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
Favorable NN+ lease
25+ unit franchisee backed
Crunch Fitness is an American brand of fitness clubs that focuses on positivity, inclusivity and fun. The chain offers top-quality cardio and strength training equipment, a dedicated group fitness...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 27,352 | 109,903 | 186,343 |
| 2023 Total Population : | 27,239 | 108,675 | 184,384 |
| 2023 Employed Civilian Pop : | 13,306 | 53,939 | 90,273 |
| 2023 Total Businesses : | 779 | 4,633 | 7,800 |
| 2023 Average Household Income : | $ 100,338 | $ 120,172 | $ 127,389 |
| 2023 Total Consumer Spending : | $ 718 M | $ 3406 M | $ 5930 M |
| 2023 Median Age : | 32 | 34 | 35 |
| 2023 Total Households : | 8,267 | 33,226 | 54,641 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,626 | 14,674 | 24,438 |
| 2023 Average Home Value : | $ 525,173 | $ 585,372 | $ 608,500 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Via del Rio | Sunkist Cir | 2008 | 8,700 | 0.17 mi |
| Via Santiago | Dyer Way | 2009 | 4,000 | 0.22 mi |
| Chalgrove Dr | Downing Ct | 2008 | 600 | 0.30 mi |
| Via Pacifica | Mahogany St | 2009 | 11,300 | 0.30 mi |
| Border Ave | Chalgrove Dr | 2009 | 6,900 | 0.33 mi |
| Border Ave | S Smith Ave | 2008 | 14,500 | 0.34 mi |
| Avenida del Vis | Beryl Ln | 2008 | 3,700 | 0.40 mi |
| S Smith Ave | Plz de Noche | 2008 | 12,300 | 0.50 mi |
| Border Ave | Kroonen Dr | 2009 | 3,200 | 0.51 mi |
| S Sherman Ave | W 8th St | 2008 | 7,200 | 0.54 mi |
Carrollton, TX
Cap Rate 7.00%
Lease Modified Gross
R. Term 13.00 yrs
Size/SF 52,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
