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Crunch Fitness 3740 Buford Dr 24,800 SF Retail Building Buford, GA 30519 $9,827,277 CAD ($396.26 CAD/SF) 7.15% Cap Rate
EXECUTIVE SUMMARY
- Crunch Fitness (Private) | Franchise Location (CR Fitness Holdings, LLC – 70 Units) | 500+ Locations & 2.5–3 Million Members | $1.7 Billion in System-Wide Annual Revenue According to Reuters
- Newer 2023 Construction | 13.3 Years of Firm Term Remaining | 2.00% Rental Increases Every 5 Years | Three (5-Year) Options | Absolute NNN Lease
- Dense & Stable Demographics (149,059 residents with an average household income of $112,214 within 5 miles) | 1 Mile Northwest of the Mall of Georgia (14 Million Annual Visitors) | Main-on-Main Retail Corridor with All National Retailers Present on Buford Dr (97,400 VPD) | 32 Miles Northeast of Downtown Atlanta
- Newer 2023 Construction | 13.3 Years of Firm Term Remaining | 2.00% Rental Increases Every 5 Years | Three (5-Year) Options | Absolute NNN Lease
- Dense & Stable Demographics (149,059 residents with an average household income of $112,214 within 5 miles) | 1 Mile Northwest of the Mall of Georgia (14 Million Annual Visitors) | Main-on-Main Retail Corridor with All National Retailers Present on Buford Dr (97,400 VPD) | 32 Miles Northeast of Downtown Atlanta
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
24,800 SF
Building Class
B
Year Built
2023
Price
$9,827,277 CAD
Price Per SF
$396.26 CAD
Cap Rate
7.15%
NOI
$702,650 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
4.80 AC
Zoning
C2 - General
Parking
154 Spaces (8.09 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7-219-160 | Improvements Assessment | $2,135,255 CAD |
| Land Assessment | $425,700 CAD | Total Assessment | $2,560,955 CAD |
PROPERTY TAXES
Parcel Number
7-219-160
Land Assessment
$425,700 CAD
Improvements Assessment
$2,135,255 CAD
Total Assessment
$2,560,955 CAD
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Crunch Fitness | 3740 Buford Dr
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