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2515 W Pierce St
Carlsbad, NM 88220
Planet Fitness · Retail Property For Sale
Investment Highlights
- New Long-Term 15-Year Net Lease to Established Planet Fitness Franchisee
- 10% Rent Increases Every 5 Years
- Prominent Retail Location Adjacent to Carlsbad Medical Center, Southeast New Mexico College & Carlsbad Mall
- Subsidiary of ECP-PF Holdings Group, Inc., the 2nd Largest Planet Fitness Franchisee that was Acquired by TowerBrook Capital Partners L.P. in 2021
- 2023 Construction with Modern Materials and Finishes
- Average Household Income of $115,749 within 1 Mile of Site
Property Facts
Property Type
Retail
Property Subtype
Building Size
15,027 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
11.55 AC
Parking
115 Spaces (7.65 Spaces per 1,000 SF Leased)
Frontage
98’ on West Pierce Street
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