8438 Elk Grove Florin Rd | Elk Grove, CA 95624
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- LoopNet Team
8438 Elk Grove Florin Rd
Elk Grove, CA 95624
City Sports Club (LA Fitness) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate lease to Fitness International, LLC (LA Fitness Corporate Entity)
- New construction and minimal landlord maintenance responsibilities
- There are over 700 LA Fitness Clubs nationwide including 18 City Sports Clubs in Northern California
- 15-year net lease with 10% increases every 5 years providing solid rent growth and hedge against inflation
- Amazon-proof tenancy
- Located on the busiest, highest traffic count retail intersection in Elk Grove, and south Sacramento County, with combined 75,094 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Health Club
Building Size
37,000 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
2.08 AC
Zoning
SC
AMENITIES
- Signage
- Skylights
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 115-2010-010 | Improvements Assessment | $7,803,000 |
| Land Assessment | $2,104,622 | Total Assessment | $9,907,622 |
PROPERTY TAXES
Parcel Number
115-2010-010
Land Assessment
$2,104,622
Improvements Assessment
$7,803,000
Total Assessment
$9,907,622
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