Planet Fitness 4M Low 1250Sf Rent Phoenix Az — Sale in Phoenix, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Phoenix, AZ 85041

Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Planet Fitness located in Phoenix, Arizona. The 20,000 SF fitness facility is secured by a NN lease with United PF (195+ Units), one of the largest and most experienced Planet Fitness franchisees in the country, providing strong national credit-backed income and minimal landlord responsibilities. The offering features approximately 5.5 years of remaining term with structured rent increases and four 5-year renewal options, along with below-market rent of just $12.50/SF, supporting strong unit-level economics and long-term tenant durability. Located within a high-traffic arterial corridor of Phoenix, the property benefits from strong visibility, convenient access, and consistent commuter traffic (44,388 combined VPD). The surrounding area includes over 214,000 residents within a five-mile radius, supported by robust average household incomes exceeding $108,000 within three miles, providing a strong and stable consumer base for long-term demand. Investment Highlights: • National Credit Tenant with Scalable Model • Top Planet Fitness Franchisee • Extremely Low Rent & Price Point • High-Traffic Arterial Corridor

Market Context

This retail in Phoenix, AZ is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 86 days. Compare it against other retail listings for sale in Phoenix, AZ — view the full market.

As of Q1 2026, the Phoenix retail market showed a 4.8% vacancy rate, and average asking rents near $19.00/SF/yr. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Phoenix retail market tightening or softening?
Vacancy is around 4.8% (Q1 2026).

Estimated Market Rate

$93.79/SF – $126.89/SF

Mid: $110.34/SF

Rate estimator only; cost-of-business estimate unavailable.

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