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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 ($330/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
$330
Cap Rate
6%
NOI
$804,613
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Land Acres
3.26 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
Parking
100 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
294 FT 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
  • Mar 2027

Crunch is a health club chain that leads the industry in fusing fitness and entertainment. Since opening their doors in 1989, their mission has been to make working out a good time. Today, they are renowned for creating one-of-a-kind group fitness classes and unique programming for their wildly diverse members. With this much going on, Crunch is more than a gym. It's a fitness community for all types of people, with all types of goals, exercising all different ways; working it out at the same place together.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Arts, Entertainment, and Recreation 40,637 SF - Triple Net Mar 2027

Nearby Major Retailers

Super King Markets
Bambu
Hummus Republic
The Habit Burger Grill
Chase Bank
Wells Fargo Bank
ALDI
U.S. Bank
24 Hour Fitness
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
132-111-20
Land Assessment
$4,274,334
Improvements Assessment
$1,424,653
Total Assessment
$5,698,987
  • Listing ID: 26401848

  • Date on Market: 8/13/2022

  • Last Updated:

  • Address: 9822 Katella Ave, Anaheim, CA 92804

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