Planet Fitness - Fredericksburg, VA

9723 Jefferson Davis Hwy Fredericksburg , VA 22407-9406

Planet Fitness - Fredericksburg, VA - retail for sale

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Overview



Single tenant Planet Fitness for sale located in Cosner’s Corner, a leading shopping center in the Washington, D.C. submarket. Close to I-95, the eastern seaboard’s largest thoroughfare and adjacent to Target, Marshalls, Publix, and other leading national brands.

Investment highlights


  • Fee simple interest
  • Publicly traded tenant with exceptional growth trends
  • Includes an NN lease with over 8 years remaining
  • Options to renew
General
Property type Retail
Property subtype Single tenant/Standalone
Tenure type Sale/Purchase
Property address 9723 Jefferson Davis Hwy, Fredericksburg, VA 22407-9406
Market Washington DC
Land in acres 2.55
Building size 20,388  ft2
Year built 2007
Financial
Price $2,446,560
Cap rate 7.50%
Current NOI $183,492.00
Lease
Tenant's name Planet Fitness
Lease type NN
Annual rent $183,492.00
Lease expiration date 07/31/2027
Remaining term 7.9Yrs

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