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Single-Tenant NNN Fitness Property
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3630 West Southern Avenue, Phoenix, AZ 85041

Single-tenant fitness facility with a NN lease and multiple renewal options.

Property Size20,000 SF
Price / SF$200
Days on Market117

Property Features for 3630 West Southern Avenue

General Information

Standard status Active
Size 20,000 SF
Total Parking Spaces 232
Property subtype Retail
Occupancy 100%
Investment Type Core+
Net Operating Income $250,000

Additional Details

Asking Price $4,000,000

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Ryan Sarbinoff · License #AZ BR675146000
Source: Crexi
Added: May 7 Changed: Aug 29 Last Checked: Aug 29 at 5:16PM

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 - Phoenix

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.

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

Current Use

Planet Fitness Gym & Fitness Center Grand Canyon Plastics Factory

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Law Firm Spa & Massage Center Hair Salon

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

628
Businesses Nearby

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
Rey
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 West Southern Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $4,000,000.
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
(858) 373-3206 Call to check price and availability
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