Listed by LevRose Commercial Real Estate
$9,700,000
Former LA Fitness
Details
APN 142-55-653
Property Type Retail
Sub Type Grocery Store, Fitness
Square Footage 25,000
Net Rentable (SqFt) 25,000
Cap Rate 6.98%
NOI $676,892
Occupancy 100%
Tenancy Single
Brand/Tenant LA Fitness
Lease Type NN
Lease Term 20
Lease Expiration 03/03/2029
Remaining Term 2.7
Lease Options 2-5 Year Options
Price per SqFt $388
Class A
Buildings 1
Acreage 2.520
Investment Type Value Add
Tenant Credit Corporate Guarantee
Lease Commencement 03/03/2009
Occupancy Date 03/03/2009
Retail | 6.98% CAP | 25,000 SqFt
Marketing description
Single Tenant Net Lease Dark LA Fitness - Expiring Lease with 3 Years Remaining
Perfect for New User or Investor with Tenant in Tow.
Anchored by Target in Peoria Crossing with Numerous National Tenants
Located in a suburb of Glendale, Arizona – One of Americans Fastest Growing States
Listing Contacts
Listed by LevRose Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$676,892.00
$56,407.67/mo
Valuation Metrics
0
DSCR
6.98%
Cap Rate
6.98%
ROI
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