Planet Fitness

Hawthorne, CA

Click to Download Offering Memorandum

Property Info

Summary

  • Offering Price $8,734,000
  • Cap Rate 6.75%
  • Current Annual Rent $589,528
  • Lease Type NNN

Key Facts

NNN* Lease - Landlord Responsible for Structure Only

Rare 12.5% Rental Increases Every 5 Years

5 Years Remaining - Plus 2-5 Year Options
Franchisee Operated - Personal Guaranty 

Dense Infill Location - 55K Within 1-mile, 680K Within 5-miles

12 Minutes from LAX - 12 Minutes from SoFi Stadium

Team

Ian  Schroeder

Ian Schroeder

Senior Vice President
CBRE
Lic. 01497897
+1 949 345 0970
David Hesano

David Hesano

Senior Vice President
CBRE
+ 1 248 351 2014
Melissa Ley Marshall

Melissa Ley Marshall

First Vice President
CBRE
Lic. 01984445
+1 949 725 8617
David McNevin

David McNevin

Senior Associate
CBRE
Lic. 02101634
+1 949 725 8463