2217 North Pearl St. at Westgate South
Retail | 22,336 SqFt
Marketing description
The offering is a 22,336 SF single tenant Planet Fitness located within the Westgate South Shopping Center in Tacoma, Washington. This opportunity benefits from a newly renewed lease with one of the largest Planet Fitness franchisees in the country. The property is 100% leased to an 80+ unit franchisee of Planet Fitness, one of the largest in the country. The building has been significantly upgraded with new HVAC, upgraded electrical, plumbing and gas, a new roof and more. The existing lease is well-positioned to provide for both stability and opportunity for the existing tenant, as well as stable income and a strong guarantor for the investor/landlord.
Contact Brokers for NDA and complete Offering Memorandum.
Investment highlights
The existing lease is well-positioned to provide for both stability and opportunity for the existing tenant, as well as stable income and a strong guarantor for the investor/landlord.
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