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STNL Crunch Fitness - Garden Grove - 6% CAP 9822 Katella Ave

40,657 SF Retail Building Anaheim, CA 92804 $19,255,586 CAD ($473.61 CAD/SF) 6% Cap Rate

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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.

Memorandum Flyer - 7.26.23

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Health Club

Building Size

40,657 SF

Building Class

Year Built/Renovated

1987/2018

Price

$19,255,586 CAD

Price Per SF

$473.61 CAD

Cap Rate

NOI

$1,155,335 CAD

Tenancy

Single

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.29

Lot Size

3.26 AC

Opportunity Zone

Yes

Zoning

C2 - Commercial

Parking

100 Spaces (2.46 Spaces per 1,000 SF Leased)

Frontage

294’ on Katella Ave

AMENITIES

Bus Line

Mezzanine

Air Conditioning

MAJOR TENANTS

Arts, Entertainment, and Recreation
40,637 SF
-
Net
Feb 2028

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.