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10115 Talbert Ave
Fountain Valley, CA 92708
LA Fitness | Iconic Orange County Location · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Generational Orange County Single-Tenant LA Fitness
- Irreplaceable Location & Outstanding Visibility
- Passive NNN Lease Structure
- Dense & Affluent Demographics
EXECUTIVE SUMMARY
The NNN Fitness group of Marcus & Millichap is pleased to bring to market a generational Southern California single-tenant investment opportunity, prominently positioned with irreplaceable frontage on the 405 Freeway in the heart of Orange County. This corporate LA Fitness freestanding facility includes 2.87 acres along the busiest freeway in the world. The property features a rare NNN lease with over 10 years of lease term and structured 10% increases with no landlord responsibilities. With LA Fitness Corporate Headquarters just a few miles away, this location is one of the busiest clubs in the country, offering outstanding visibility and accessibility to all of Orange County.
Situated near the intersection of Interstate 405 and Talbert Ave, the property boasts visibility to daily traffic counts of 320,789 vehicles. It is conveniently located adjacent to the Orange Coast Medical Center and less than a mile from the bustling Fountain Valley Promenade, surrounded by a variety of national and local retailers. The area is marked by dense and affluent demographics, with over 201,800 residents within a 3-mile radius, each household averaging an income of over $116,000, making this an exceptional investment opportunity in a generational location.
Situated near the intersection of Interstate 405 and Talbert Ave, the property boasts visibility to daily traffic counts of 320,789 vehicles. It is conveniently located adjacent to the Orange Coast Medical Center and less than a mile from the bustling Fountain Valley Promenade, surrounded by a variety of national and local retailers. The area is marked by dense and affluent demographics, with over 201,800 residents within a 3-mile radius, each household averaging an income of over $116,000, making this an exceptional investment opportunity in a generational location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
50,441 SF
Building Class
C
Year Built/Renovated
1977/2014
Price
$31,373,303 CAD
Price Per SF
$621.98 CAD
Cap Rate
5%
NOI
$1,568,802 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.40
Lot Size
2.87 AC
Zoning
C1
Parking
169 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Signage
PROPERTY TAXES
| Parcel Number | 169-334-01 | Improvements Assessment | $4,803,462 CAD |
| Land Assessment | $3,501,038 CAD | Total Assessment | $8,304,499 CAD |
PROPERTY TAXES
Parcel Number
169-334-01
Land Assessment
$3,501,038 CAD
Improvements Assessment
$4,803,462 CAD
Total Assessment
$8,304,499 CAD
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