Fitness Center
Top-Performing Planet Fitness Anchor | New 10-Year Lease | Branford, CT ($147k AHHI)
469 E Main St, Branford, CT 06405
Listing Price: $5,890,000
Investment Overview
Marcus & Millichap is pleased to present a multi-tenant investment opportunity anchored by a top-performing Planet Fitness in Branford, CT. Planet Fitness recently extended its lease for an additional 10 years through 2034, with two 5-year renewal options and 3% annual rent increases, contributing 78% of the total gross income and providing stable growth over the long term.
This Planet Fitness ranks as the #1 health club within a 15-mile radius and is in the top 6% of locations nationwide, highlighting its exceptional performance and customer loyalty. Situated in a mature trade area, the property draws from a dense residential community of over 28,000 residents, with an average household income exceeding $147,000 within one mile. Surrounded by national retailers, this property benefits from strong demographics, high visibility, and a thriving commercial environment, making it an attractive investment opportunity.
Investment Highlights
- Recent 10 year Extension & Low Rent
- Top Performing Location
- Strong Demographics
Exclusively Listed By
Financing By
Fitness Center
Top-Performing Planet Fitness Anchor | New 10-Year Lease | Branford, CT ($147k AHHI)
Listing Price: $5,890,000
Investment Highlights
- Recent 10 year Extension & Low Rent
- Top Performing Location
- Strong Demographics
Investment Overview
Marcus & Millichap is pleased to present a multi-tenant investment opportunity anchored by a top-performing Planet Fitness in Branford, CT. Planet Fitness recently extended its lease for an additional 10 years through 2034, with two 5-year renewal options and 3% annual rent increases, contributing 78% of the total gross income and providing stable growth over the long term. This Planet Fitness ranks as the #1 health club within a 15-mile radius and is in the top 6% of locations nationwide, highlighting its exceptional performance and customer loyalty. Situated in a mature trade area, the property draws from a dense residential community of over 28,000 residents, with an average household income exceeding $147,000 within one mile. Surrounded by national retailers, this property benefits from strong demographics, high visibility, and a thriving commercial environment, making it an attractive investment opportunity.
Exclusively Listed By
Financing By

