Chuze Fitness 6061 Florin Rd
34,070 SF Retail Building Sacramento, CA 95823 $9,073,000 ($266/SF) 7.25% Cap Rate
EXECUTIVE SUMMARY
» Single-Tenant, NNN Lease – 100% NNN leased to Chuze Fitness on a new 15-year lease with two, 5-year options to extend
» Chuze Fitness is a family-owned fitness club that operates 58 locations across California, Arizona, Colorado, and New Mexico
» Chuze Fitness is a family-owned fitness club that operates 58 locations across California, Arizona, Colorado, and New Mexico
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
34,070 SF
Building Class
B
Year Built/Renovated
2008/2022
Price
$9,073,000
Price Per SF
$266
Cap Rate
7.25%
NOI
$657,809
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
4.73 AC
Opportunity Zone
Yes
Zoning
SC - Shopping Center
Parking
200 Spaces (5.87 Spaces per 1,000 SF Leased)
Frontage
193 FT on Stockton Blvd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 042-0011-029 | Improvements Assessment | $3,240,580 |
| Land Assessment | $2,198,598 | Total Assessment | $5,439,178 |
