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| Price $5,454,000 | Built/Renov 2023 | Tenant Planet Fitness |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
15,027
| Lease Start
09-01-2023
| #Units
100
|
| Price/SF $362.95 | Expiration
08-31-2038
| Tenant Type Sport/Fitness |
| NOI $368,162 | R. Term 13.9 | Ownership Fee Simple |
| Rent/SF
$24.50
| Increases 10.0%/4/yrs | Pop 5Mi 33,153 |
| Lot/AC 11.55 | Options 2/5yrs/10% | AHHI 5Mi $93,462 |
| | |
Planet Fitness is strategically located on West Pierce Street/US-285, featuring large pylon signage and access to 18,452 vehicles passing by daily. This prime location is enhanced by its proximity to Lowe's Home Improvement, a center attracting over 465,000 annual visitors, and Southwest New Mexico College. Moreover, it is positioned adjacent to Carlsbad Medical Center and Carlsbad Mall. The...
...New construction
Build to suit
Near major nationals
Shopping Ctr out-parcel
Affluent suburb location
Brand new lease
Absolute NNN
Long 10+ yr lease
Traded and rated company
Personal 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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,549 | 25,807 | 33,497 |
| 2023 Total Population : | 5,501 | 25,655 | 33,153 |
| 2023 Employed Civilian Pop : | 2,483 | 11,827 | 15,514 |
| 2023 Total Businesses : | 148 | 918 | 1,155 |
| 2023 Average Household Income : | $ 115,749 | $ 97,470 | $ 93,462 |
| 2023 Total Consumer Spending : | $ 198 M | $ 820 M | $ 1007 M |
| 2023 Median Age : | 43 | 41 | 41 |
| 2023 Total Households : | 2,001 | 9,686 | 12,355 |
| 2023 Pop Age 25+: Bachelor's Degree : | 951 | 2,512 | 2,891 |
| 2023 Average Home Value : | $ 274,046 | $ 234,105 | $ 226,798 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West Pierce Street | N 8th St | 2018 | 9,166 | 0.08 mi |
| Callaway Dr | Westridge Dr | 2003 | 4,169 | 0.10 mi |
| West Pierce Street | W Pierce St | 2018 | 5,148 | 0.11 mi |
| West Pierce Street | W Pierce St | 2018 | 5,055 | 0.24 mi |
| West Pierce Street | Callaway Dr | 2022 | 10,702 | 0.26 mi |
| US 285 | Skyline Rd | 2021 | 10,887 | 0.26 mi |
| FL-5285-P | Spring Farm Pl | 2021 | 800 | 0.41 mi |
| Westridge Road | Pecos Acres Dr | 2022 | 809 | 0.41 mi |
| US 285 | Skyline Rd | 2021 | 9,011 | 0.44 mi |
| FL-4265-P | Mountain View Dr | 2021 | 6,537 | 0.53 mi |
Carrollton, TX
Cap Rate 7.00%
Lease Modified Gross
R. Term 12.10 yrs
Size/SF 52,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
