Single-Tenant NNN Fitness
For Sale
$3,846,200
3630 W Southern Ave, Phoenix, AZ 85041
Single-tenant fitness facility with a NN lease and multiple renewal options.
Property Size20,000 SF
Price / SF$192.31
Days on Market119
Property Features for 3630 W Southern Ave
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Fitness Center
Lease Type
NN
Additional Details
Asking Price
$4,000,000
Amenities
National Credit Tenant with Scalable Model
Top Planet Fitness Franchisee
Extremely Low Rent & Price Point
High-Traffic Arterial Corridor
Building Details
Building Size
20,000 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Mark Thiel · License #License(s): CA: 01469342
(858) 373-3206
Source:
Marcusmillichap
Added: May 8
Changed: Sep 3
Last Checked: Sep 2 at 1:33PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This single-tenant fitness property contains a 20,000-square-foot Planet Fitness facility in Phoenix. The asset is leased on a NN basis to United PF, a Planet Fitness franchisee identified with 195+ Units, limiting landlord responsibilities under the lease structure.
Approximately 5.5 years remain on the current term, with scheduled rent increases and four 5-year renewal options. The property fronts a high-traffic arterial corridor with convenient access and recorded combined traffic of 44,388 VPD. The surrounding five-mile area includes more than 214,000 residents, while average household income within three miles exceeds $108,000.
Approximately 5.5 years remain on the current term, with scheduled rent increases and four 5-year renewal options. The property fronts a high-traffic arterial corridor with convenient access and recorded combined traffic of 44,388 VPD. The surrounding five-mile area includes more than 214,000 residents, while average household income within three miles exceeds $108,000.
Key Highlights
- 20,000 SF single‑tenant Planet Fitness facility
- NN lease to United PF, identified with 195+ Units
- Approximately 5.5 years of remaining lease term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
Demographics for 85041, AZ
64,639
Population
19,729
Households
3.3
Avg Household Size
31
Median Age
19%
College-Educated
76%
High-School Grad
16.0 sq mi
ZIP Area
4,040
Density / Sq Mi
$70,555
Median Household Income
$40,006
Median Earnings
$1,612
Median Rent
$310,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant fitness facility with a NN lease and multiple renewal options.
Where is this nnn property located?
The property is located at 3630 W Southern Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,846,200.
What are key features of this property?
This property features: 20,000 SF single‑tenant Planet Fitness facility; NN lease to United PF, identified with 195+ Units; Approximately 5.5 years of remaining lease term
