15135 Galaxie Ave - Health Club FOR SALE
Apple Valley, MN 55124 |
$13,577,000 USD
949-777-5984
15135 Galaxie Ave
Apple Valley, MN 55124
HIGHLIGHTS
- National Tenant Synergy: The property is surrounded by some of the nations top retailers including Target, The Home Depot, Walmart, Chick Fila A, etc
- Demographics: The property is located in a densely populated area of Dakota County, with over 90,000 people living within a 3-mile radius
- Traffic Counts: The property benefits from high traffic counts, with over 40,000 vehicles passing by on a daily basis
- Area Development: The property is located in a growing area of Minnesota, with a strong economy and low unemployment rates
- Capital Improvements: The landlord has invested ±$500,000 in capital improvements to the property, including upgrades to the parking lot
- LA Fitness Lease: In 2017, LA Fitness signed a 15-year lease extension for the property, demonstrating their long-term commitment to the location
FOR SALE DETAILS
PRICE
$13,577,000 USD
PRICE/SF
$301 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
LA Fitness
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
01-18225-01-010
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949-777-5984
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949-777-5984
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