6061 Florin Rd - Health Club FOR SALE


Sacramento, CA 95823- Parkway-South Sacramento
$9,073,000 USD
949-725-8473
6061 Florin Rd, Sacramento, CA for Sale
$9,073,000 USD
Health Club - FOR SALE
1/6
null | 7.25% Cap Rate

6061 Florin Rd
Sacramento, CA 95823
Parkway-South Sacramento


HIGHLIGHTS

  • Single-Tenant, NNN Lease – 100% NNN leased to Chuze Fitness on a new 15-year lease with two, 5-year options to extend
  • High Visibility, High Traffic Location – making this the 100% location within the market and boasting over ±85,500 cars per day
  • Regional Draw – Chuze Fitness a part of the dominant community center, shadow anchored by a high performing Walmart Super Center (NAP)& PetSmart (NAP)

OVERVIEW

* Single-Tenant, NNN Lease – 100% NNN leased to Chuze Fitness on a new 15-year lease with two, 5-year options to extend * Chuze Fitness is a family-owned fitness club that operates 58 locations across California, Arizona, Colorado, and New Mexico * Long-Term Lease – Chuze Fitness is on a new, long-term, 15-year lease with multiple extensions to renew, providing an investor long-term stability and virtually eliminating any near-term leasing responsibilities and associated capital costs * High Visibility, High Traffic Location – Ideally located at the signalized intersection of Florin Rd and Stockton Blvd, two of the primary arterials in the trade area, making this the 100% location within the market and boasting over ±85,500 cars per day * Regional Draw – Chuze Fitness a part of the dominant community center, shadow anchored by a high performing Walmart Super Center (NAP), PetSmart (NAP) and AutoZone (NAP), as well as a synergistic mix of internet resistant “daily needs” tenants within the heart of Sacramento—the property caters to an expansive, densely populated trade area

FOR SALE DETAILS

PRICE

$9,073,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chuze Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4.73 AC

LAND SF

206,039 SF

ZONING

SC

APN/PARCEL ID

042-0011-029

ASK ABOUT THIS PROPERTY

949-725-8473

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

949-725-8473

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