New Crunch Fitness Investment
16968 Main Street Hesperia, CA 92345
16968 Main Street, Hesperia, CA, 92345
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For Sale
Contact for pricing
New 15-year lease with rental increases in high-growth Hesperia, CA.
Property Size39,778 SF
Price / SF$230.78
Days on Market70
Property Features for 16968 Main Street
General Information
- Standard status
- Active
- Size
- 39,778 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing Agency
Pegasus Investments
(310) 969-1135
Listed by
David Chasin · License #CA 01513027
Source
Crexi
Added: May 11 Checked: Jul 17 at 8:49 am
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 Pegasus Investments
Investment Insights
Based on property information with market context.
This property presents the opportunity to acquire a new Crunch Fitness location in Hesperia, California. Positioned as an anchor tenant within Midtown Square, a high-performing power center at the signalized intersection of Main Street and C Avenue, the property benefits from traffic counts exceeding 40,000 vehicles daily. The center features a top 12% Stater Bros. Market nationally and a strong lineup of national tenants, including U.S. Bank, KFC, Jamba Juice, and a newly constructed Quick Quack Car Wash. The property is secured by a new 15-year lease with Fitness Ventures, one of the largest franchisees in the Crunch Fitness system, operating 49 locations across 27 states. The lease features 10% rental increases every five years throughout the base term, along with two five-year extension options that include above-market 12.5% rent escalations. The lease is backed by an absolute and unconditional guaranty from the franchisee. Crunch Fitness is recognized as a high-value, low-price fitness operator with a successful expansion strategy. The brand opened 61 new locations in 2024 and 91 in 2025, and is planning to reach 100 new clubs this year. The property features the company’s next generation “Crunch 3.0” design. Hesperia has evolved into a rapidly growing city with a population exceeding 100,000 residents and projections to surpass 175,000 by 2030. The city is benefiting from major infrastructure investments, including I-15 express lanes and the Brightline West high-speed rail station. The property size is 39778 square feet.
Key Highlights
- New 15‑year lease with Fitness Ventures, providing long‑term stable income.
- Absolute and unconditional guaranty from the franchisee.
- Located in a high‑performing power center with a top‑tier Stater Bros. Market and other national tenants.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sears Appliance Repair
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- YMCA — 9680 i ave, hesperia, ca 92345
- Zumba Fitness — 17145 main st, hesperia, ca 92345
- Judy A. Kaufer, ATC — 17311 Sultana St, Hesperia, CA 92345
- Carlos nutrition y High Energy Nutrition . y — 16225 Walnut St, Hesperia, CA 92345
- club vida energia, herbalife — 17380 Main St, Hesperia, CA 92345
FAQs
What type of property is this?
Fitness center & gym - New 15-year lease with rental increases in high-growth Hesperia, CA.
Where is this fitness center & gym located?
The property is located at 16968 Main Street Hesperia, CA.
What is the asking price?
The asking price for this property is $9,180,000.
What are key features of this property?
This property features: New 15‑year lease with Fitness Ventures, providing long‑term stable income.; Absolute and unconditional guaranty from the franchisee.; Located in a high‑performing power center with a top‑tier Stater Bros. Market and other national tenants.