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Fitness Center

Planet Fitness | #1 Fitness Center within 15-Miles | Long-Term NNN Lease | Tifton, GA

1912 Larkin Rd, Tifton, GA 31793

Listing Price: $3,013,000

Cap Rate
7.00%
Tenant Name
Planet Fitness
Years Remaining On Lease
7.5
Guarantor
Franchisee Guarantee
Rentable SF
21,555
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.79

Investment Overview

Marcus & Millichap is pleased to bring to market a Planet Fitness in Tifton, Georgia, backed by a long-term NNN lease and operated by Taymax Group—one of the largest and fastest-growing Planet Fitness franchisees with 150+ locations across North America. With a household income over $92,000 within one mile and recognition as the top fitness center within a 15-mile radius, this offering represents a stable, passive investment in a growing Southeastern market.

Strategically located at 1912 Larkin Road on a 3.24-acre parcel, this 21,555-square-foot facility was built in 2018 and features ±130 parking spaces. A new roof was installed in 2023, and the tenant recently extended their lease through 2032, demonstrating their commitment to the site. The lease includes three 5-year renewal options and 10% rent increases every five years.

Positioned near the confluence of U.S. Highway 82, Carpenter Road, and I-75 (combined traffic count exceeding 85,000 VPD), the property sits within Tifton’s primary commercial corridor. Surrounding national retailers include Walmart, Lowe’s, Hobby Lobby, Chick-fil-A, Starbucks, and the nearby 272,000 SF Tifton Mall anchored by AMC and Belk.

Investment Highlights

  • Long-Term NNN Lease w/ New Roof
  • One of the Largest Growing Planet Fitness Franchisees
  • Retail Hub Location w/ Excellent Highway Access

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Fitness Center

Planet Fitness | #1 Fitness Center within 15-Miles | Long-Term NNN Lease | Tifton, GA

Listing Price: $3,013,000

Cap Rate
7.00%
Tenant Name
Planet Fitness
Years Remaining On Lease
7.5
Guarantor
Franchisee Guarantee
Rentable SF
21,555
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.79

Investment Highlights

  • Long-Term NNN Lease w/ New Roof
  • One of the Largest Growing Planet Fitness Franchisees
  • Retail Hub Location w/ Excellent Highway Access

Investment Overview

Marcus & Millichap is pleased to bring to market a Planet Fitness in Tifton, Georgia, backed by a long-term NNN lease and operated by Taymax Group—one of the largest and fastest-growing Planet Fitness franchisees with 150+ locations across North America. With a household income over $92,000 within one mile and recognition as the top fitness center within a 15-mile radius, this offering represents a stable, passive investment in a growing Southeastern market. Strategically located at 1912 Larkin Road on a 3.24-acre parcel, this 21,555-square-foot facility was built in 2018 and features ±130 parking spaces. A new roof was installed in 2023, and the tenant recently extended their lease through 2032, demonstrating their commitment to the site. The lease includes three 5-year renewal options and 10% rent increases every five years. Positioned near the confluence of U.S. Highway 82, Carpenter Road, and I-75 (combined traffic count exceeding 85,000 VPD), the property sits within Tifton’s primary commercial corridor. Surrounding national retailers include Walmart, Lowe’s, Hobby Lobby, Chick-fil-A, Starbucks, and the nearby 272,000 SF Tifton Mall anchored by AMC and Belk.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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