10115 Talbert Ave - Freestanding FOR SALE


Fountain Valley, CA 92708
$22,475,000 USD
805-570-7430
10115 Talbert Ave, Fountain Valley, CA for Sale
$22,475,000 USD
Freestanding - FOR SALE
1/9
null | 5% Cap Rate

10115 Talbert Ave
Fountain Valley, CA 92708


HIGHLIGHTS

  • Generational Orange County Single-Tenant LA Fitness
  • Passive NNN Lease Structure
  • Irreplaceable Location & Outstanding Visibility
  • Dense & Affluent Demographics

OVERVIEW

The NNN Fitness group of Marcus & Millichap is pleased to bring to market a generational Southern California single-tenant investment opportunity, prominently positioned with irreplaceable frontage on the 405 Freeway in the heart of Orange County. This corporate LA Fitness freestanding facility includes 2.87 acres along the busiest freeway in the world. The property features a rare NNN lease with over 10 years of lease term and structured 10% increases with no landlord responsibilities. With LA Fitness Corporate Headquarters just a few miles away, this location is one of the busiest clubs in the country, offering outstanding visibility and accessibility to all of Orange County. Situated near the intersection of Interstate 405 and Talbert Ave, the property boasts visibility to daily traffic counts of 320,789 vehicles. It is conveniently located adjacent to the Orange Coast Medical Center and less than a mile from the bustling Fountain Valley Promenade, surrounded by a variety of national and local retailers. The area is marked by dense and affluent demographics, with over 201,800 residents within a 3-mile radius, each household averaging an income of over $116,000, making this an exceptional investment opportunity in a generational location.

FOR SALE DETAILS

PRICE

$22,475,000 USD

PRICE/SF

$446 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LA Fitness | Iconic Orange County Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

169

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

C1

APN/PARCEL ID

169-334-01

ASK ABOUT THIS PROPERTY

Mark ThielMarcus & MillichapMore Info
805-570-7430

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Mark ThielMarcus & MillichapMore Info
805-570-7430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.