Health Clubs
Planet Fitness & Salvation Army
Health Clubs Offerings
Planet Fitness & Salvation Army
294 Highland Ave.
Battle Creek, MI 49015
- Price:
- $5,141,000
- Cap Rate:
- 7.25%
- NOI:
- $372,771
- Rentable SQFT:
- 49,880
- Year Built:
- 1983/2014
- Lot Size:
- 5.67 AC
- Type of Ownership:
- Fee Simple
- Status:
- Under Contract
Investment Highlights
- High Volume Fitness Anchor
- Robust Demographics
- Recent Roof Restoration
- Significant Value Add Potential
- Strategic Location
- Site Improvements & Renovations
The NNN Fitness Group of Marcus & Millichap is pleased to present this exclusive listing for Planet Fitness and Salvation Army located in Battle Creek, MI. The offering consists of 49,880 square feet of space situated on approximately 5.67 acres of land. Constructed in 1983, the asset features site improvements and extensive renovations in addition to roof restorations, which come with a 10-year warranty. Furthermore, there is a significant upside with the opportunity to lease, sell, or develop a 0.68-acre separate parcel. This property is located in a dense corridor just off West Columbia Avenue seeing 25,416 vehicles per day. Situated near multiple national tenants such as Walgreen’s, CVS, Pizza Hut, Taco Bell, Popeye’s, Rite Aid, Subway, Aldi, McDonald’s, Papa Johns, and many more.
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