Planet Fitness Fitness
For Sale
Contact for pricing
16852 SW Edy Road, Sherwood, OR 97140
Newly built fitness facility leased to Planet Fitness under a long-term NNN structure.
Property SizeContact for details
Days on Market146
Property Features for 16852 SW Edy Road
General Information
Standard status
Active
Property subtype
Retail, Special Purpose
Listing Agency:
Northmarq
(503) 998-6572
Listed By:
Kevin Adatto · License #WA 85667
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 8:34AM
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 Northmarq
Investment Insights
Based on property information with market context.
This newly built fitness facility is operated by a multi-unit Planet Fitness franchisee. The property is subject to a 10-year NNN lease, with a 6.5% rent adjustment scheduled for the sixth lease year.
The facility is part of Cedar Creek Plaza, described as a Class A mixed-use center in Sherwood, Oregon. The surrounding development includes an incoming 135-unit senior housing project, a hotel project, medical uses, and adjacent retailers. The center is positioned near Highway 99 and serves a growing city identified in the source information as one of Oregon’s fastest-growing communities.
The facility is part of Cedar Creek Plaza, described as a Class A mixed-use center in Sherwood, Oregon. The surrounding development includes an incoming 135-unit senior housing project, a hotel project, medical uses, and adjacent retailers. The center is positioned near Highway 99 and serves a growing city identified in the source information as one of Oregon’s fastest-growing communities.
Key Highlights
- Newly built Planet Fitness facility
- 10‑year NNN lease in place
- 6.5% rent increase scheduled for Year 6
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97140, OR
28,365
Population
9,540
Households
3
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
44.6 sq mi
ZIP Area
636
Density / Sq Mi
$119,241
Median Household Income
$58,718
Median Earnings
$1,934
Median Rent
$618,000
Median Home Value
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Similar Off Market Nearby
- Sherwood High Football/Soccer Complex — 16956 SW Meinecke Rd, Sherwood, OR 97140
- Escape to Yoga — 16067 SW 1st St, Sherwood, OR 97140
- Elevate Strength & Fitness — 21900 SW Alexander Ln, Sherwood, OR 97140
- Musa Martial Arts — 16440 SW Langer Dr, Sherwood, OR 97140
- Pure Barre — 21430 SW Langer Farms Pkwy #150, Sherwood, OR 97140
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Newly built fitness facility leased to Planet Fitness under a long-term NNN structure.
Where is this fitness center & gym located?
The property is located at 16852 SW Edy Road Sherwood, OR.
What are key features of this property?
This property features: Newly built Planet Fitness facility; 10‑year NNN lease in place; 6.5% rent increase scheduled for Year 6
