24 Hour Fitness NNN Lease
27124 Calle Arroyo San Juan Capistrano, CA 92675
27124 Calle Arroyo, San Juan Capistrano, CA, 92675
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For Sale
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Pending
NNN leased fitness center with corporate guarantee and landlord responsibility limited to roof and structure.
Days on Market103
Property Features for 27124 Calle Arroyo
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 10:10PM Checked: Jul 21 at 4:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee simple fitness property is NNN leased to 24 Hour Fitness USA, Inc. with a corporate guarantee. The lease is structured with landlord responsibilities limited to roof and structure. The relocation gym opened in December 2018 and is being offered as an investment asset with remaining term in the initial lease period and extension options.
The property is positioned adjacent to Interstate 5 and near Ortega Highway, supported by retail activity in the immediate area. It is located across Interstate 5 from Plaza Del Obispo Shopping Center, anchored by Marshalls and Rite Aid, and other nearby retailers include Costco, Ralphs, Trader Joe’s, Petco, Ross Dress for Less, Vons, PetSmart, and CVS.
The tenant has more than 12,000 members as an existing local base, and the lease includes rental increases of 11% every five years during the initial term and at the beginning of each option period.
The property is positioned adjacent to Interstate 5 and near Ortega Highway, supported by retail activity in the immediate area. It is located across Interstate 5 from Plaza Del Obispo Shopping Center, anchored by Marshalls and Rite Aid, and other nearby retailers include Costco, Ralphs, Trader Joe’s, Petco, Ross Dress for Less, Vons, PetSmart, and CVS.
The tenant has more than 12,000 members as an existing local base, and the lease includes rental increases of 11% every five years during the initial term and at the beginning of each option period.
Key Highlights
- Fee simple NNN leased 24 Hour Fitness investment with corporate‑guaranteed tenant, 24 Hour Fitness USA, Inc.
- 24 Hour Fitness lease has 14 years remaining in the initial term plus 3 (5‑year) option periods to extend.
- Lease includes 11% rental increases every 5 years throughout the initial term and at the start of each option period.
Property Analytics
Location Intelligence
Current Use by Public Records
24 Hour Fitness
Gym & Fitness Center
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Similar Off Market Nearby
- Redline Athletics — 32405 Calle Perfecto, San Juan Capistrano, CA 92675
- SolFire Yoga — 32261 Camino Capistrano, San Juan Capistrano, CA 92675
- Align Pilates & Yoga — 31896 Plaza Dr #E6, San Juan Capistrano, CA 92675
- Mission Barbell Strength and Performance — 31896 Plaza Dr E4, San Juan Capistrano, CA 92675
- Karacter Beyond Fitness (Formerly Invictus) — 31896 Plaza Dr E4, San Juan Capistrano, CA 92675
FAQs
What type of property is this?
Fitness center & gym - NNN leased fitness center with corporate guarantee and landlord responsibility limited to roof and structure.
Where is this fitness center & gym located?
The property is located at 27124 Calle Arroyo San Juan Capistrano, CA.
What are key features of this property?
This property features: Fee simple NNN leased 24 Hour Fitness investment with corporate‑guaranteed tenant, 24 Hour Fitness USA, Inc.; 24 Hour Fitness lease has 14 years remaining in the initial term plus 3 (5‑year) option periods to extend.; Lease includes 11% rental increases every 5 years throughout the initial term and at the start of each option period.
