Investment Overview

Marcus & Millichap is pleased to present the 24 Hour Fitness located in Lancaster, CA. The offering is a fee simple 62,276-square foot building sitting on 7.13 acres which anchors the 290,000+ SF Lancaster Commerce Power Center located just off Highway 14. This strategic location in the heart of Lancaster experiences more than 76,000 vehicles per day on Highway 14 and is home to numerous national tenants including: CVS, Lowe’s, Target, Big Lots, Ross, Big 5 Sporting Goods, Denny’s, Burger King, The Home Depot, Starbucks, McDonald’s, WinCo Foods, and many more. This power center serves the entire Lancaster trade area and beyond making it a phenomenal location for 24 Hour Fitness. This location is ranked in the top 25 for all 24-Hour Fitness locations nationwide and sees an average of over 2,300 visits per day according to Placer.AI trailing 12 months. Lancaster, California is situated in North Los Angeles County and is the hub of the Antelope Valley. Home to the Antelope Valley CA Poppy Reserve, Musical Road, and the Aerospace Walk of Honor, Lancaster is no longer a local’s “best kept secret”, Lancaster has grown into a bustling urban destination, offering visitors an array of outdoor experiences with the backdrop of four seasons, local shopping, restaurants, and entertainment. The Antelope Valley has great events happening year-round including the California Poppy Festival, LA County Air Show, Streets of Lancaster Grand Prix and the Antelope Valley Fair.