Retail    

Planet Fitness

 Sand Springs (Tulsa), OK

Asking Price

$6,745,000

Cap Rate

6.38%

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Lease Term Remaining

14.7 Years

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Expenses

NNN

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Year Built

2024

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NOI

$430,000

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Rent Increases

2% Annually

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Acreage

2.06 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long 15-Year NNN Lease | 2% Annual Rent Increases
  • Guaranteed by Large Franchisee | Operates 160+ Clubs
  • Brand New 2024 Construction | 88,950+ Cars Daily in Immediate Trade Area
  • RiverWest Retail Development | Fully Occupied Retail Destination  
  • Fast-Growing Tulsa Suburb | Metro Population of 1 Million | 10 Minutes from Downtown Tulsa 
  • Strong Local Demographics | 213,201 Residents Within 10 Miles | $86,861 Average HH Income

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com      918.794.9538
OK Broker License #156103

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com      918.794.9523

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com      918.794.9551

David Annett

Associate Vice President
  dannett@northmarq.com      918.794.9514

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com      918.794.9558

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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