3630 W Southern Ave - Health Club FOR SALE


Phoenix, AZ 85041
$3,846,200 USD
805-570-7430
3630 W Southern Ave, Phoenix, AZ for Sale
$3,846,200 USD
Health Club - FOR SALE
1/7
null | 6.5% Cap Rate

3630 W Southern Ave
Phoenix, AZ 85041


HIGHLIGHTS

  • National Credit Tenant with Scalable Model
  • Top Planet Fitness Franchisee
  • Extremely Low Rent & Price Point
  • High-Traffic Arterial Corridor

OVERVIEW

The NNN Fitness Group of Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Planet Fitness located in Phoenix, Arizona. The 20,000 SF fitness facility is secured by a NN lease with United PF (195+ Units), one of the largest and most experienced Planet Fitness franchisees in the country, providing strong national credit-backed income and minimal landlord responsibilities. The offering features approximately 5.3 years of remaining term with structured rent increases and four 5-year renewal options, along with below-market rent of just $12.50/SF, supporting strong unit-level economics and long-term tenant durability. Located within a high-traffic arterial corridor of Phoenix, the property benefits from strong visibility, convenient access, and consistent commuter traffic (44,388 combined VPD). The surrounding area includes over 214,000 residents within a five-mile radius, supported by robust average household incomes exceeding $108,000 within three miles, providing a strong and stable consumer base for long-term demand.

FOR SALE DETAILS

PRICE

$3,846,200 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Planet Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

232

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

C-2

APN/PARCEL ID

105-75-458

ASK ABOUT THIS PROPERTY

Mark ThielMarcus & MillichapMore Info
805-570-7430

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Mark ThielMarcus & MillichapMore Info
805-570-7430

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