1632 Bush Ln | Crawfordsville, IN 47933
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1632 Bush Ln
Crawfordsville, IN 47933
Planet Fitness | Crawfordsville, IN · Retail Property For Sale
Investment Highlights
- Single-Tenant Planet Fitness: New 10-year lease (expiration 2034) | 10% rental increase every 5 years | Four 5-year options @ 10% increases
- Planet Fitness Inc. (NYSE: PLNT) is one of the largest fitness clubs with more than 2,500 locations
- Crawfordsville is a Located 45 Miles Northwest of Indianapolis: Over 2 million people within the MSA
- Strong Lease Guaranty from 150+ location operator with locations in the Midwest, Northeast, and Southeast
- Excellent Retail Corridor: Subject property is located in the main retail corridor in Crawfordsville, with major national tenants nearby
- 50% of the U.S. population is within a 1-day drive | Headquarters to 4 Fortune 500 companies | “Best Place to Go in 2020” by Frommers
Property Facts
Property Type
Retail
Property Subtype
Health Club
Building Size
10,280 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
3.09 AC
Parking
56 Spaces (5.45 Spaces per 1,000 SF Leased)
Frontage
150’ on Bush Lane
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 54-10-08-200-061.004-030 | Improvements Assessment | $363,500 |
| Land Assessment | $420,800 | Total Assessment | $784,300 |
Property Taxes
Parcel Number
54-10-08-200-061.004-030
Land Assessment
$420,800
Improvements Assessment
$363,500
Total Assessment
$784,300
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