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New Crunch Fitness Investment Opportunity
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16968 Main Street, Hesperia, CA 92345

New 15-year lease with rental increases in high-growth Hesperia, CA.

Property Size39,778 SF
Price / SF$214.31
Days on Market105

Property Features for 16968 Main Street

General Information

Standard status Active
Size 39,778 SF
Total Parking Spaces 1129
Property subtype Retail
Zoning NC Neighborhood Commercial
Lease Type NNN
Investment Type Net Lease
Net Operating Income $596,670

Building Details

Year Built 1987
Year Renovated 2026
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Pegasus Investments
Listed By: David Chasin · License #CA 01513027
Source: Crexi
Added: May 11 Changed: Aug 16 Last Checked: Aug 22 at 6:50AM

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

Current Use

Sears Appliance Repair Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Hotel & Motel Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92345, CA

86,499
Population
27,247
Households
3.2
Avg Household Size
34
Median Age
11%
College-Educated
77%
High-School Grad
98.9 sq mi
ZIP Area
875
Density / Sq Mi
$65,949
Median Household Income
$37,235
Median Earnings
$1,499
Median Rent
$359,700
Median Home Value
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Zumba Fitness 17145 main st, hesperia, ca 92345
  • Judy A. Kaufer, ATC 17311 Sultana St, Hesperia, CA 92345
  • club vida energia, herbalife 17380 Main St, Hesperia, CA 92345

Frequently Asked Questions

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 $8,525,000.
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.
(310) 969-1135 Call to check price and availability
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