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Views: 139 DOM: 234 Updated: 10.30.24 Posted: 04.01.24 Status: Active

Summary

Price $11,500,000
Built/Renov 2000/2023
Tenant UFC Gym
Cap Rate 6.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 29,946
Lease Start 10-01-2023
#Units 150
Price/SF $384.02
Expiration 09-30-2038
Tenant Type Sport/Fitness
NOI $690,000
R. Term 13.10
Ownership Fee Simple
Rent/SF $23.04
Increases 10.0%/4/yrs
Pop 5Mi 381,137
Lot/AC 0.37
Options 2/5yrs/10%
AHHI 5Mi $125,639

Lease Highlights

  • New 15-year lease term with 2 (5-year) options
  • The lease features 10% rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

The UFC Gym is strategically located on Imperial Highway, with access to 100,000 vehicles passing by daily. The property holds a prime position within a dominant regional retail destination that includes Brea Gateway, Rite Aid, and Brea Mall, anchored by well-known national retailers such as Sprouts, Nordstrom, JCPenney, and more. Moreover, it is situated between two of Brea’s largest retail...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: UFC Gym
  • Guarantor:Corporate
  • Company:New Evolution Ventures
  • # Units:150
  • Stock:Private

About Tenant

UFC Gym is a chain of fitness centers featuring robust cardio equipment, coach-led group classes, weightlifting and free weights, martial arts and MMA-inspired fitness training, martial arts...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 20,129 136,884 380,863
2023 Total Population : 19,501 136,670 381,956
2023 Employed Civilian Pop : 10,639 69,384 192,276
2023 Total Businesses : 2,236 7,188 18,300
2023 Average Household Income : $ 122,250 $ 144,027 $ 137,525
2023 Total Consumer Spending : $ 753 M $ 5750 M $ 14710 M
2023 Median Age : 38 38 38
2023 Total Households : 7,240 47,120 126,366
2023 Pop Age 25+: Bachelor's Degree : 4,173 27,968 74,335
2023 Average Home Value : $ 777,783 $ 922,587 $ 901,415
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
S Brea Blvd W Birch St 2002 34,000 0.05 mi
South Brea Boulevard W Birch St 2015 27,000 0.09 mi
West Imperial Highway S Brea Blvd 2022 56,450 0.10 mi
90 S Brea Blvd 2018 63,800 0.11 mi
E Birch St S Flower Ave 2009 18,000 0.15 mi
W Imperial Hwy S Walnut Ave 2013 45,500 0.16 mi
Imperial Hwy Sycamore Ave 2013 63,600 0.24 mi
West Imperial Highway Sievers Ave 2015 59,000 0.27 mi
W Imperial Hwy S Walnut Ave 2012 45,000 0.28 mi
South Brea Boulevard E Elm St 2016 31,000 0.32 mi

Listing Broker

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