16930 Parthenia St - Retail FOR SALE


Northridge, CA 91343
$8,656,670 USD
949-221-1807
16930 Parthenia St, Northridge, CA for Sale
$8,656,670 USD
Retail - FOR SALE
1/13
null | 5.5% Cap Rate

16930 Parthenia St
Northridge, CA 91343


HIGHLIGHTS

  • GROWING INCOME STREAM | 15% RENT INCREASE OVER NEXT 6 YEARS
  • LONG TERM 15 YEAR NNN LEASE | TENANT IS HIGHLY INVESTED IN LOCATION
  • PLANET FITNESS (NYSE: PLNT) | 2,900+ LOCATIONS | LARGEST GYM OPERATOR IN U.S.
  • LOCATED AT HARD CORNER INTERSECTION | STRONG TRAFFIC COUNTS OF 67,200 VPD
  • RECENT CAPITAL EXRECENT CAPITAL EXPENDITURES INCLUDE NEW ROOF AND HVAC

FOR SALE DETAILS

PRICE

$8,656,670 USD

PRICE/SF

$490 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Planet Fitness Northridge

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

LAP

APN/PARCEL ID

2689-018-023

ASK ABOUT THIS PROPERTY

Shaun RileyFaris Lee InvestmentsMore Info
949-221-1807

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Shaun RileyFaris Lee InvestmentsMore Info
949-221-1807

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