8438 Elk Grove Florin Rd - Health Club FOR SALE
Elk Grove, CA 95624 |
8438 Elk Grove Florin Rd
Elk Grove, CA 95624
HIGHLIGHTS
- New 15-year net lease to Fitness International, LLC (LA Fitness corporate entity) with 10% rent increases every 5 years providing solid rent growth
- New construction with minimal landlord maintenance responsibilities
- There are over 700 LA Fitness Clubs nationwide including 18 City Sports Clubs in Northern California
- Located on the densest, highest traffic count, retail intersection in Elk Grove, and south Sacramento County
- Part of the Calvine Pointe Shopping Center, anchored by Kohl’s (highest volume 90K SF store in greater Sacramento)
- Calvine Point is the only soft goods anchored center within the only retail node east of Highway 99 in Elk Grove and south Sacramento County
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
City Sports Club (LA Fitness)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Health Club
TOTAL BUILDING SIZE
37000
STORIES
1
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
115-2010-010
