Retail Business for Sale in Planet Fitness | $4M | Low $12.50/Sf Rent | Phoenix, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Planet Fitness | $4M | Low $12.50/Sf Rent | Phoenix, AZ 85041

Description

Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Planet Fitness located in Phoenix, Arizona. The 20,000 SF fitness facility is secured by a NN lease with United PF (195+ Units), one of the largest and most experienced Planet Fitness franchisees in the country, providing strong national credit-backed income and minimal landlord responsibilities. The offering features approximately 5.5 years of remaining term with structured rent increases and four 5-year renewal options, along with below-market rent of just $12.50/SF, supporting strong unit-level economics and long-term tenant durability. Located within a high-traffic arterial corridor of Phoenix, the property benefits from strong visibility, convenient access, and consistent commuter traffic (44,388 combined VPD). The surrounding area includes over 214,000 residents within a five-mile radius, supported by robust average household incomes exceeding $108,000 within three miles, providing a strong and stable consumer base for long-term demand. Investment Highlights: • National Credit Tenant with Scalable Model • Top Planet Fitness Franchisee • Extremely Low Rent & Price Point • High-Traffic Arterial Corridor

Market Context

This retail in Planet Fitness | $4M | Low $12.50/Sf Rent | Phoenix, AZ is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 54 days. Compare it against other retail listings for sale in Planet Fitness | $4M | Low $12.50/Sf Rent | Phoenix, AZ — <a href="/search/sale/retail/arizona/planet-fitness-4m-low-12-50-sf-rent-phoenix">view the full market</a>.

Contact

Explore this market

Similar Retail Business for Sale in Planet Fitness | $4M | Low $12.50/Sf Rent | Phoenix, AZ