Health Club For Sale • 24,700 SF
Top Performing & Largest Planet Fitness Operator with 140+ Locations Absolute NNN Lease with No Landlord Responsibilities 15 Years + Remaining Term- Plus Options (Valued at $15.1 Million Dollars) Current Lease Term Expires on November 30, 2039 with two (2), Five (5) year options 2% Annual Bumps Excellent Visibility from Interstate 64 Located in strong Power Center (Kroger Marketplace, Dick's House of sport Hampton Roads MSA Top Performing Location 6.46 % Cap Rate NOI $459,000 Excellent Visibility from Interstate 64
Cap Rate: | 6.56 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Planet Fitness | 10/31/2039 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Norfolk (Northeast Regional - Amtrak) | 12 min | - | 5.8 mi |
Airport | Drive | Walk | Distance |
Norfolk International | 21 min | - | 10.7 mi |
Newport News/Williamsburg International | 54 min | - | 34.3 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 118 |
Type: | Surface |
Included in Rent: | Yes |