Yuma Retail for Sale
Faris Lee Investments is pleased to offer a single tenant net-leased Planet Fitness (NYSE: PLNT), the largest gym operator in the U.S., with over 2,900 locations and a membership base exceeding 20 million. Planet Fitness is coming off a record-breaking 2025, generating $1.32 Billion in revenue, a 12% year-over-year increase, and a 6.7% rise in same-club sales. This specific store is operated by United FP TOM LLC, one of the largest franchisees in the system with over 190 locations across 14 states, providing a strong, seasoned operator & lease guarantee. Investors benefit from immediate upside via a scheduled 8% rent increase in August 2027 that elevates the Cap Rate to 7.85%. The strength of this location is further evidenced by the tenant exercising a 5-year renewal early, leaving 6 years of firm term remaining at a site Planet Fitness has successfully operated since 2012.
The property occupies a high-profile “End Cap” position within the Las Palmillas Center, part of a regional retail hub boasting over 11.4 million annual visitors. Anchored by national brands like Hobby Lobby, Sportsman’s Warehouse, Burlington, and Home Goods, the site enjoys immense consumer synergy and is adjacent to the Rio Vista Commerce Center, a 50-acre mixed-use development featuring Onvida Medical Center Offices, Extended Stay Hotel, La Quinta Inn, Pacific Avenue Athletic Complex and additional retail and restaurant uses. Other major retailers in the immediate area include Target, Kohl’s, Sam’s Club, Home Depot, Best Buy, Marshalls & Ross Stores. The Planet Fitness location features exceptional visibility to the 8 Freeway (50,000 VPD) and holds the coveted top panel on the freeway pylon sign.
The trade area is supported by a diverse economic engine, including a $4 Billion agricultural industry and $1.8 Billion from strategic military installations like MCAS Yuma and the Yuma Proving Grounds. The region also benefits from $452M in tourism activity, 80,000 annual winter visitors, and daily cross-border consumers from San Luis, Mexico. With a population of 98,500 residents within 5 miles and an average household income reaching $93,000 within 10 miles, the property serves a dense and growing consumer base. This investment offers the rare combination of a dominant national brand, a top-tier franchisee guarantee, and a proven, high-traffic retail location in a resilient and expanding market.
