Amped Fitness 445 N Stapley Dr 57,526 SF Retail Building Mesa, AZ 85203 $11,901,931 ($206.90/SF) 7.25% Cap Rate

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Amped Fitness, one of the fastest-growing high-value, low-price fitness brands in the United States. The property is secured by a brand new 15-year absolute NNN lease with a corporate guaranty from Amped Fitness, LLC, providing investors with a passive ownership structure and stable cash flow. The lease features 2% annual rental increases, creating consistent income growth throughout the primary term.
Founded in 2016, Amped Fitness has rapidly emerged as one of the fastest-growing fitness concepts in the country, operating 35 locations with an additional 8 locations in development across Alabama, Arizona, Florida, Georgia, Tennessee, and Texas. The company serves more than 180,000 members nationwide and generated approximately $58.7 million in revenue during 2025. Amped Fitness is backed by Princeton Equity Group, a leading private equity firm with approximately $1.6 billion in assets under management, providing significant institutional support for the brand's continued national expansion.
The property is located at 445 N Stapley Drive in Mesa, Arizona, at the signalized intersection of University Drive and Stapley Drive, which experiences approximately 53,748 vehicles per day. The site benefits from exceptional demographics, with more than 332,000 residents within a five-mile radius and average household incomes exceeding $100,000. Additionally, the property is located approximately 2.5 miles from U.S. Route 60, which carries more than 225,000 vehicles per day, and approximately 2.8 miles from Hohokam Stadium, home of the Oakland Athletics Spring Training facility.
This offering represents an opportunity to acquire a long-term net leased investment backed by a rapidly expanding fitness operator, institutional sponsorship, annual rent growth, and strong underlying real estate fundamentals within one of the most densely populated trade areas in the Phoenix metropolitan area.