3911 N Stockton Hill Rd
Kingman, AZ 86409
Planet Fitness · Retail Property For Sale

Once construction is completed, the lease will be brand new with fifteen (15) years of term, and two (2), five (5) year options. Building CofO targeted for December 15, 2018. The lease structure is double net (NN), with minimal landlord responsibilities. Landlord responsibility is limited to structure only. The lease is guaranteed by ECP-PF Holdings Group, Inc., one of the largest Planet Fitness Franchisees with 71 locations in CT, NY, NM, AZ and western Canada. ECP-PF plans to build another 50 locations over the next five years. The lease provides for 10% rental increases every five (5) years. Planet Fitness is a service based tenant that is not threatened by the internet, and offers monthly membership fees of just $10. Kingman is projected to grow to almost 105,000 by 2035, resulting in an increase of 44 percent over the next 18 years.* Kingman is known as “The Heart of Historic Route 66” as it anchors the longest unbroken stretch of Route 66 still in existence. It is the Mohave County Seat and is the gateway to the Grand Canyon, Flagstaff, the Hoover Dam and Lake Mead. In a 2010/2011 study conducted by the Arizona Office of Tourism, NAU Hospitality Research & Resource Center and Grand Canyon Resort Corp. found that Kingman received about 2.37M out of area visitors annually (day and overnight). Visitors to the Kingman area had an estimated total economic impact of $267.5 million. Planet Fitness has strong frontage on Stockton Hill Rd., which reports high traffic counts of 27,665 cars per day at this location.** Planet Fitness is surrounded by significant big box retail, which helps drives traffic to the store. Neighboring retailers include Walmart Supercenter, The Home Depot, Chili’s, McDonald’s, and Safeway, among others.