8438 Elk Grove Florin Rd Elk Grove, CA 95624
Freestanding City Sports Club in Elk Grove, California for sale.
Type:Retail
Property size:
37,000 SF- Added:
- Nov 5, 2024
- Days on Market:
- 532
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 8438 Elk Grove Florin Rd
General Information
- Standard status
- Active
- Size
- 37,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Mark Thiel License #CA 01469342
Listing office Marcus & Millichap - San Diego
Listing date Nov 5, 2024
Source Crexi
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
Overview
City Sports Club Investment Opportunity
This freestanding City Sports Club, operating under the LA Fitness credit, presents an investment opportunity in the South Sacramento, California, MSA. The 37,000-square-foot facility has a modern design and a lease term extending through March 2038, offering 13.25 years of tenancy. The property is backed by Fitness International, LLC, a non-franchised health club chain with over 740 locations across the US and Canada. The lease structure includes rent increases of 8% or CPI every five years. The property is located in Elk Grove, benefiting from demographics that include an average household income of $116,085 within a one-mile radius and a population exceeding 127,000 within a three-mile radius. Situated at the busiest retail intersection in Elk Grove and South Sacramento County, the City Sports Club benefits from traffic counts exceeding 68,900 vehicles per day. It is located within the Calvine Pointe Shopping Center and surrounded by retailers, offering visibility and accessibility in a commercial hub. The adjacent Kohl’s is a top-ranked store within the company.
Location Intelligence
Current Use by Public Records
City Sports Club
Gym & Fitness Center
Similar Places Nearby
- AMPT Fitness — 9171 Elk Grove Florin Rd #1, Elk Grove, CA 95624
- Premier Martial Arts — 8862-8898, starfall way, elk grove, ca 95624
- Awaken — Fallbrook, 9310 Trenary Ct, Elk Grove, CA 95624
Location Insight
- Map
- Local Demand
- City
- Elk Grove
- County
- Sacramento
- State
- California
- Longitude
- -121.3725615
- Latitude
- 38.4509767
Nearby Similar for Sale
FAQs
What type of property is this?
Fitness center & gym - Freestanding City Sports Club in Elk Grove, California for sale.
Where is this fitness center & gym located?
The property is located at 8438 Elk Grove Florin Rd Elk Grove, CA.
What is the asking price?
The asking price for this property is $12,580,000.
What are key features of this property?
This property features: Freestanding City Sports Club (LA Fitness credit) with a modern 37,000‑square‑foot facility.; Lease extends through March 2038 (13.25 years remaining), backed by Fitness International, LLC (740+ locations).; Located at the busiest retail intersection in South Sacramento County with 68,900+ vehicles per day.
