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24 Hour Fitness 5858 Warner Ave 30,070 SF Retail Building Huntington Beach, CA 92649 $13,495,000 ($448.79/SF) 6.59% Cap Rate

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INVESTMENT HIGHLIGHTS

High Entry Cap Rate - 6.59% Cap Rate in Coastal Market
Strong Coastal Demographics – 134,962+ Residents in 3 Miles
Unique Opportunity - Investment or Owner User

Prime Location - Hard Corner on Major Intersection Warner Ave & Springdale St
Affluent Trade Area – Median HH Income of $115,000 (1-Mile Radius)
Large Parcel - ±30,070 SF Freestanding Building on ±2.59 Acres

EXECUTIVE SUMMARY

This is an exclusive opportunity to acquire 5858 Warner Avenue, a ±30,070 SF freestanding retail building on 2.59 acres located in one of Orange County’s most desirable coastal submarkets - On signalized hard corner of Warner Ave and Springdale St in Huntington Beach, CA. The property is leased to 24 Hour Fitness through December 31, 2026 with one five-year option to renew. Placer AI foot traffic data shows this location is in 88th percentile (ranked 40/348) of all fitness center locations within a 15 mile radius and 89th percentile (ranked 349/3,822) of all California fitness center locations. Visits to this location have increased 13.4% year over year and 38.5% over the past 24 months.

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

30,070 SF

Building Class

Year Built/Renovated

1970/1994

Price

$13,495,000

Price Per SF

$448.79

Cap Rate

6.59%

NOI

$889,572

Tenancy

Single

Building Height

1 Story

Building FAR

0.27

Lot Size

2.59 AC

Zoning

CG - Flexible CG zoning and strategic proximity to major transportation corridors, coastal tourism hubs, and affluent residential enclaves

Parking

166 Spaces (5.52 Spaces per 1,000 SF Leased)

Frontage

433’ on Warner Ave

Pylon Sign

Signage

Signalized Intersection

MAJOR TENANTS

Arts, Entertainment, and Recreation
-
-
Triple Net
Dec 2026

A lot can change in 40 years. The mission remains the same: to help the community live healthier and happier through the transformative power of fitness. The world is ready, however, for a new definition of fitness – one that includes focus and recovery in addition to fuel and performance. Throughout their clubs, programming and 24GO® fitness app, they help members find strength in 24 across all of these modalities. 24 Hour Fitness clubs provide thousands of square feet of modern equipment, turf zones, free weights, and functional training areas, along with personal and group fitness training, and studio classes such as yoga, HIIT and cycle. Infrared saunas, cold plunges, saunas and steam rooms support physical recovery to keep members charging toward their goals. The 24GO® fitness app includes thousands of workouts, meditations and recovery routines for inside the club, at home or on the go.