New build investment available within high growth area, surrounded by national chains. The main tenant, United PF Partners, is the largest Planet Fitness franchisee group with 150+ locations across 14 states. United PF has development rights to continue expanding throughout the Midwest, South, Mid-Atlantic, and Southwest regions.
Buckeye is 30 miles west of Phoenix, located at the edge of the metro area and
south of White Tank Mountain Regional Park. Today, Buckeye is one of the fastest
growing cities in the state and has become an important center in Arizona for industry,
business, and commerce. The City of Buckeye continues to see explosive new residential activity. There are 30+ active residential developments in the pipeline right now, which will result in over 21,000+ new single-family residential lots to be constructed in the coming years.
15 Year lease with Planet Fitness (multiple renewal options).
5 year lease with Water Mill (multiple renewal options).
Regular rent increase intervals.
6.40% CAP rate average including property management income.
Tenant is the Largest Planet Fitness Franchisee – Operates 150+ Locations Across 14 States.
New Aldi's Foods is being built right next door.
Located in Buckeye's Dominant Retail Corridor – Walmart Supercenter, Fry's Marketplace, Lowes, PetSmart, Dollar Tree.
55,130 Residents in Growing Buckeye Trade Area – Projected to Increase 34%+ in Immediate Area by 2023.