5094 Alexander Dr S - Retail FOR SALE


Fargo, ND 58104- Woodhaven
$6,081,000 USD
720-828-6290
5094 Alexander Dr S, Fargo, ND for Sale
$6,081,000 USD
Retail - FOR SALE
1/5
null | 6.5% Cap Rate

5094 Alexander Dr S
Fargo, ND 58104
Woodhaven


HIGHLIGHTS

  • STNL Planet Fitness (SLB)

OVERVIEW

BWC is pleased to offer for sale a single-tenant Planet Fitness in Fargo, ND. This brand-new, flagship location is operated by Baseline Fitness LLC, one of the largest and most successful Planet Fitness operators, with 119 locations across 10 states. Situated on a 3.09-acre parcel, the 31,000 SF facility opened for business in December 2024. Planet Fitness will operate on a 15-year absolute NNN lease, with below market rent, providing zero landlord responsibilities and 10% rental increases every five years throughout the primary term and the options. As one of the fastest-growing brands in the U.S., Planet Fitness has approximately 19.7 million members and over 2,600 locations nationwide.

FOR SALE DETAILS

PRICE

$6,081,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Planet Fitness (SLB) - Fargo, ND

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

28.48 AC

LAND SF

1,240,513 SF

ZONING

-

APN/PARCEL ID

01-3500-58194-000

ASK ABOUT THIS PROPERTY

Carly Gallagher KellyBlue West Capital, LLC.More Info
720-828-6290

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Carly Gallagher KellyBlue West Capital, LLC.More Info
720-828-6290

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