1632 Bush Ln - Health Club FOR SALE
Crawfordsville, IN 47933 |
$1,175,000 USD
844-585-7678
1632 Bush Ln
Crawfordsville, IN 47933
HIGHLIGHTS
- Single-Tenant Planet Fitness: New 10-year lease (expiration 2034) | 10% rental increase every 5 years | Four 5-year options @ 10% increases
- Strong Lease Guaranty from 150+ location operator with locations in the Midwest, Northeast, and Southeast
- Planet Fitness Inc. (NYSE: PLNT) is one of the largest fitness clubs with more than 2,500 locations
- Excellent Retail Corridor: Subject property is located in the main retail corridor in Crawfordsville, with major national tenants nearby
- Crawfordsville is a Located 45 Miles Northwest of Indianapolis: Over 2 million people within the MSA
- 50% of the U.S. population is within a 1-day drive | Headquarters to 4 Fortune 500 companies | “Best Place to Go in 2020” by Frommers
FOR SALE DETAILS
PRICE
$1,175,000 USD
PRICE/SF
$114 USD /SF
CAP RATE
7.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
3.09 AC
LAND SF
134,651 SF
ZONING
-
APN/PARCEL ID
54-10-08-200-061.004-030
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844-585-7678
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844-585-7678
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