1232 S Castle Dome Ave - Health Club FOR SALE


Yuma, AZ 85365
$3,352,000 USD
949-221-1824
1232 S Castle Dome Ave, Yuma, AZ for Sale
$3,352,000 USD
Health Club - FOR SALE
1/7
null | 7.25% Cap Rate

1232 S Castle Dome Ave
Yuma, AZ 85365


OVERVIEW

Faris Lee Investments is pleased to offer a single tenant net-leased Planet Fitness (NYSE: PLNT), the largest gym operator in the U.S., with over 2,900 locations and a membership base exceeding 20 million. Planet Fitness is coming off a record-breaking 2025, generating $1.32 Billion in revenue, a 12% year-over-year increase, and a 6.7% rise in same-club sales. This specific store is operated by United FP TOM LLC, one of the largest franchisees in the system with over 190 locations across 14 states, providing a strong, seasoned operator & lease guarantee. Investors benefit from immediate upside via a scheduled 8% rent increase in August 2027 that elevates the Cap Rate to 7.85%. The strength of this location is further evidenced by the tenant exercising a 5-year renewal early, leaving 6 years of firm term remaining at a site Planet Fitness has successfully operated since 2012.

FOR SALE DETAILS

PRICE

$3,352,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Planet Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,250 SF

ZONING

-

APN/PARCEL ID

665-22-003

ASK ABOUT THIS PROPERTY

Chris DePierroFaris Lee InvestmentsMore Info
949-221-1824

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Chris DePierroFaris Lee InvestmentsMore Info
949-221-1824

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.