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STNL Crunch Fitness - Garden Grove - 6% CAP 9822 Katella Ave 40,657 SF Retail Building Anaheim, CA 92804 $13,410,210 ($329.84/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Busy intersection of Katella Avenue and Brookhurst Street
- Fully Remodeled and Renovated in 2018
EXECUTIVE SUMMARY
Great opportunity to own a Gorgeous Crunch Fitness in Garden Grove. One of the busiest and successful gyms in the Orange County area. The building was totally renovated and remodeled in 2018. Located on a busy intersection of Katella Avenue and Brookhurst Street.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
40,657 SF
Building Class
B
Year Built/Renovated
1987/2018
Price
$13,410,210
Price Per SF
$329.84
Cap Rate
6%
NOI
$804,613
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
3.25 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
100 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
294’ on Katella Ave
AMENITIES
- Bus Line
- Mezzanine
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Arts, Entertainment, and Recreation
- 40,637 SF
- -
- Triple Net
- Feb 2028
Crunch Fitness is a privately held fitness company founded in 1989 by Doug Levine in New York City's Greenwich Village. Known for its “No Judgments” philosophy, Crunch combines fitness with entertainment to create inclusive workout environments. The company operates over 500 franchised and corporate-owned gyms across the United States, Puerto Rico, Canada, Spain, Portugal, Costa Rica, and Australia. Crunch offers a wide range of services including group fitness classes, personal training, and digital platforms like Crunch+ for virtual workouts.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Arts, Entertainment, and Recreation | 40,637 SF | - | Triple Net | Feb 2028 |
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 132-111-20 | Improvements Assessment | $1,482,208 |
| Land Assessment | $4,447,017 | Total Assessment | $5,929,225 |
PROPERTY TAXES
Parcel Number
132-111-20
Land Assessment
$4,447,017
Improvements Assessment
$1,482,208
Total Assessment
$5,929,225
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STNL Crunch Fitness - Garden Grove - 6% CAP | 9822 Katella Ave
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