Planet Fitness - Fredericksburg, VA

9723 Jefferson Davis Hwy Fredericksburg , VA 22407-9406

Planet Fitness - Fredericksburg, VA - Retail for sale

Download Offering Memorandum

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
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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