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Crunch Fitness 5218 S Florida Ave S 18 000 pi² Commerce de détail Immeuble Lakeland, FL 33813 9 571 533 $ CAD (531,75 $ CAD/pi²) 6,35% Taux de capitalisation
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Faits saillants de l'investissement
- Strong Brand Recognition with Rapid Expansion – Largest Crunch Fitness Franchisee Guaranty – 70+ Locations in 5 States
- Located along Major Retail Hub in Lakeland – Surrounded by National Tenants – Limited National Gym Competition
- Lakeland is One of the Fastest-Growing Cities in the U.S. – Strategically Located Between Tampa and Orlando – Florida is an Income Tax-Free State
- 10+ Years Remaining on an Absolute NNN Lease – 10% Rent Increases – Build-to-Suit Location
- Florida Ave South is a Major Thoroughfare in Lakeland – Strong Traffic Counts (43,000 VPD) – Proximity to I-4 Corridor
Résumé de l'annonce
Lee & Associates, in conjunction with Bang Realty–Naples, Inc. (FL Broker’s License: BK3327646), is pleased to offer the fee simple interest in a build-to-suit Crunch Fitness property located at 5218 S Florida Ave in Lakeland, FL 33813. Constructed in 2020, the single-tenant retail building comprises 18,000 square feet on a 3.17-acre site.
The property is leased to Crunch Fitness, operated and guaranteed by CR Fitness Holdings, LLC—the largest Crunch franchisee with over 70 locations across five states. Crunch Fitness boasts more than 500 locations worldwide and a membership base exceeding 3 million. The lease commenced on July 18, 2020, and provides 15 years of initial term with over 10 years remaining, 10% rent increases every five years, and three additional five-year renewal options.
Strategically positioned along the Florida Avenue South retail corridor, the property benefits from daily traffic counts of over 43,000 vehicles and direct access to the Interstate 4 corridor, connecting Lakeland to Tampa (38 miles) and Orlando (62 miles). Within a three-mile radius there are nearly 59,000 residents and an average household income of $129,547. Lakeland—home to Publix Super Markets’ corporate headquarters and part of one of Florida’s fastest-growing MSAs—continues to experience robust population and economic growth, underscoring the strength and stability of this investment.
The property is leased to Crunch Fitness, operated and guaranteed by CR Fitness Holdings, LLC—the largest Crunch franchisee with over 70 locations across five states. Crunch Fitness boasts more than 500 locations worldwide and a membership base exceeding 3 million. The lease commenced on July 18, 2020, and provides 15 years of initial term with over 10 years remaining, 10% rent increases every five years, and three additional five-year renewal options.
Strategically positioned along the Florida Avenue South retail corridor, the property benefits from daily traffic counts of over 43,000 vehicles and direct access to the Interstate 4 corridor, connecting Lakeland to Tampa (38 miles) and Orlando (62 miles). Within a three-mile radius there are nearly 59,000 residents and an average household income of $129,547. Lakeland—home to Publix Super Markets’ corporate headquarters and part of one of Florida’s fastest-growing MSAs—continues to experience robust population and economic growth, underscoring the strength and stability of this investment.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
18 000 pi²
Classe d’immeuble
C
Année de construction
2020
Prix
9 571 533 $ CAD
Prix par pi²
531,75 $ CAD
Taux de capitalisation
6,35%
Revenu net d’exploitation
607 792 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,13
Taille du lot
3,21 AC
Zonage
C4
Stationnement
150 places (8,33 places par 1 000 pi² loué)
Façade
Commodités
- Lot de coin
- Affichage sur monument
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Assez praticable en vélo
20/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 23-29-12-000000-024140 | Évaluation des bâtiments | 4 248 125 $ CAD |
| Évaluation du terrain | 861 183 $ CAD | Évaluation totale | 5 109 308 $ CAD |
Impôts fonciers
Numéro de lot
23-29-12-000000-024140
Évaluation du terrain
861 183 $ CAD
Évaluation des bâtiments
4 248 125 $ CAD
Évaluation totale
5 109 308 $ CAD
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Crunch Fitness | 5218 S Florida Ave S
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