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MOUNTAIN VISTA PLAZA 15557-15609 W Bell Rd 64,101 SF 100% Leased Retail Building Surprise, AZ 85374 $19,800,000 ($308.89/SF) 6.46% Cap Rate
Investment Highlights
- Anchored by Planet Fitness, with over 2,700 fitness club locations and over 19.7 million members
- Upside for investors through below market rents in both the shops and the anchor leases allowing for mark-to-market growth
- Needs-driven tenant lineup delivering essential goods and services
- Strong performing anchor with this Planet Fitness ranking as a Top 25% location in Arizona, according to Placer.ai
- Recent capital work with a roof recoat and asphalt reseal and stripe in 2024
Property Facts
Amenities
- Wheelchair Accessible
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Arts, Entertainment, and Recreation
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Planet Fitness began in 1992 when Michael and Marc Grondahl bought a failing Gold's Gym in Dover, New Hampshire. The company created a welcoming environment for casual exercisers with its Judgement Free Zone concept. Planet Fitness grew rapidly through franchising, becoming one of the largest fitness chains globally. The business model focuses on affordability and accessibility with low membership fees. The company provides cardio and strength equipment, free fitness training, and various membership options. Planet Fitness operates thousands of locations worldwide.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Arts, Entertainment, and Recreation | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 501-77-968 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,703,728 |
Property Taxes
Presented by
MOUNTAIN VISTA PLAZA | 15557-15609 W Bell Rd
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