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Investment Highlights

  • Busy intersection of Katella Avenue and Brookhurst Street
  • Fully Remodeled and Renovated in 2018

Executive Summary

Great opportunity to own a Gorgeous Crunch Fitness in Garden Grove. One of the busiest and successful gyms in the Orange County area. The building was totally renovated and remodeled in 2018. Located on a busy intersection of Katella Avenue and Brookhurst Street.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
40,657 SF
Building Class
B
Year Built/Renovated
1987/2018
Price
$18,764,907 CAD
Price Per SF
$461.54 CAD
Cap Rate
6%
NOI
$1,125,894 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
3.25 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
100 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
294’ on Katella Ave

Amenities

  • Bus Line
  • Mezzanine
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Arts, Entertainment, and Recreation
  • 40,637 SF
  • -
  • Triple Net
  • Feb 2028

Crunch est une chaîne de clubs de santé qui est à la tête de l'industrie dans la fusion de la forme physique et du divertissement. Depuis qu'ils ont ouvert leurs portes en 1989, leur mission a été de faire de l'exercice un bon moment. Aujourd'hui, ils sont réputés pour avoir créé des cours de conditionnement physique en groupe uniques et des programmes uniques pour leurs membres très diversifiés. Avec ce qui se passe, Crunch est plus qu'un gymnase. C'est une communauté de conditionnement physique pour tous les types de personnes, avec tous les types d'objectifs, exerçant toutes sortes de façons différentes ; travailler ensemble au même endroit.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Arts, Entertainment, and Recreation 40,637 SF - Triple Net Feb 2028
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Super King Markets
Wells Fargo
The Habit Burger Grill
Waba Grill
Bambu
Chase Bank
U.S. Bank
24 Hour Fitness
Citi
Bank of America

Property Taxes

Property Taxes

Parcel Number
132-111-20
Land Assessment
$6,222,711 CAD
Improvements Assessment
$2,074,054 CAD
Total Assessment
$8,296,764 CAD
  • Listing ID: 26401848

  • Date on Market: 2022-08-13

  • Last Updated:

  • Address: 9822 Katella Ave, Anaheim, CA 92804

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