39161 Farwell Drive, Fremont, CA 94538; Retail For Sale; D-3 in Alameda County

39161 Farwell Drive, Fremont, CA 94538; Retail For Sale; D-3 in Alameda County


39161 Farwell Drive, Fremont, CA 94538;Retail For Sale; D-3 in Alameda County

62

39161 Farwell Drive, Fremont, CA 94538

39161 Farwell Drive

 

Retail Property For Sale

Price:
$5,250,000
Gross Leasable Area:
15,000 SF
Price/SF:
$350
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Net Lease Investment with
10+ years left on lease
Occupancy:
100%
Tenancy:
Multiple
APN / Parcel ID:
531-411-16
Listing ID
18331498

Description

Located at 39161 Farwell Drive in Fremont, CA

Property Use Type: NNN Lease expiring in 2023; Annual CPI Adjustments (3%-5%); Beyond initial term there are two (2), five (5) year options

Planet Fitness, the national gym partner for NBC’s The Biggest Loser, has over 600 gyms in operation nationwide. In terms of number of units, Planet Fitness is on pace to become the number one health club company in the Unites States. Planet Fitness, which is known for its friendly prices and Judgment Free Zone atmosphere, already has the largest overall membership—almost 3.5 million members total in the U.S. and Puerto Rico.

Planet Fitness began in Dover and had just four gyms in New Hampshire when the company began franchising in 2003. Its headquarters is now located in Newington.

Prices at Planet Fitness are just $10 a month. Beside the reasonable price, Planet Fitness stands apart from other health clubs by providing a relaxed atmosphere that includes free fitness training with all memberships. Planet Fitness gyms feature a huge selection of cardo machines, including treadmills, elliptical,and stationary bikes. Cardio areas are equipped with big, flat-screen televisions.