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24 Hour Fitness 5858 Warner Ave 30,070 SF Retail Building Huntington Beach, CA 92649 $20,898,430 CAD ($694.99 CAD/SF) 6% Cap Rate

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Investment Highlights

Prime Location - Hard Corner on Major Intersection Warner Ave & Springdale St
Coastal OC NNN w/ rare biennial rent increases
Large Parcel - ±30,070 SF Freestanding Building on ±2.59 Acres

Tenant has operated at this location since 1994 and exercised 1st, 5-Year lease extension through 12/31/2031
Affluent Trade Area – Median HH Income of $115,000 (1-Mile Radius)
Strong Coastal Demographics – 134,962+ Residents in 3 Miles

Executive Summary

This is an exclusive opportunity to acquire a ±30,070 SF corporate NNN 24 Hour Fitness, located in one of Orange County’s most desirable coastal submarkets - Huntington Beach, CA. The offering features rare biennial CPI rent increase that hedge against inflation. Placer AI foot traffic data shows this location is in 88th percentile (ranked 40/348) of all fitness center locations within a 15 mile radius and 89th percentile (ranked 349/3,822) of all California fitness center locations.
24 Hour Fitness has operated at this location since 1994 and exercised 1st, 5-Year lease extension through 12/31/2031.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

30,070 SF

Building Class

Year Built/Renovated

1970/1994

Price

$20,898,430 CAD

Price Per SF

$694.99 CAD

Cap Rate

NOI

$1,253,907 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.27

Lot Size

2.59 AC

Zoning

CG - Flexible CG zoning and strategic proximity to major transportation corridors, coastal tourism hubs, and affluent residential enclaves

Parking

166 Spaces (5.52 Spaces per 1,000 SF Leased)

Frontage

433’ on Warner Ave

Pylon Sign

Signage

Signalized Intersection

Major Tenants

Arts, Entertainment, and Recreation
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Triple Net
Dec 2026

Célébrant plus de 35 ans en tant que chef de file de l'industrie, 24 Hour Fitness s'engage à créer un monde plus sain et plus heureux grâce au conditionnement physique avec des clubs à l'échelle nationale. Ils savent que votre temps au gymnase est essentiel au maintien de votre bien-être physique et mental. Ils offrent donc des environnements accueillants et inclusifs, avec des milliers de pieds carrés d'équipement de musculation et de cardio de première qualité, des zones de gazon, des poids libres, des zones d'entraînement fonctionnelles et plus encore. Des cours en studio et cyclistes, une formation personnelle et des offres numériques et virtuelles novatrices sont toutes des options disponibles pour vous aider à garder votre esprit et votre corps en forme, afin que vous puissiez réinitialiser vos prochaines 24 heures et être prêt pour la suite.