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Fitness Center

Planet Fitness-Byram, MS

7261 S Siwell Rd, Byram, MS 39272

Listing Price: $1,800,000

Cap Rate
8.50%
Tenant Name
Planet Fitness
Years Remaining On Lease
8.7
Gross SF
18,000
Guarantor
Regional Franchisee
Rentable SF
18,000
Price/Gross SF
$100.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.50

Investment Overview

Planet Fitness is one of the fastest growing franchise opportunities in the low-cost gym membership business market. Entrepreneur Magazine & Franchise Times consistently rank Planet Fitness as one of the fastest growing business opportunities today. 95% of Planet Fitness locations are independently owned & operated. The vast majority of new Planet Fitness locations are owned by existing franchise members proving the profitability of the Planet Fitness business model year after year.

Investment Highlights

  • Fastest Growing Franchise in the US
  • Minimum Landlord Responsibilities (Roof & Structure) | Metal Roof
  • Scheduled Base Rent Bumps
  • Low Rent ($6/SF) & Low Deferred Maintenance
  • Situated Along Dominant Retail Thoroughfare
  • Conveniently located near Walmart, Vowell's, and I-55
  • Just 10-Miles From Downtown Jackson, MS

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    (901) 620-3600

    License(s) MS: 15586

    Mississippi

Fitness Center

Planet Fitness-Byram, MS

Listing Price: $1,800,000

Cap Rate
8.50%
Tenant Name
Planet Fitness
Years Remaining On Lease
8.7
Gross SF
18,000
Guarantor
Regional Franchisee
Rentable SF
18,000
Price/Gross SF
$100.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$8.50

Investment Highlights

  • Fastest Growing Franchise in the US
  • Minimum Landlord Responsibilities (Roof & Structure) | Metal Roof
  • Scheduled Base Rent Bumps
  • Low Rent ($6/SF) & Low Deferred Maintenance
  • Situated Along Dominant Retail Thoroughfare
  • Conveniently located near Walmart, Vowell's, and I-55
  • Just 10-Miles From Downtown Jackson, MS

Investment Overview

Planet Fitness is one of the fastest growing franchise opportunities in the low-cost gym membership business market. Entrepreneur Magazine & Franchise Times consistently rank Planet Fitness as one of the fastest growing business opportunities today. 95% of Planet Fitness locations are independently owned & operated. The vast majority of new Planet Fitness locations are owned by existing franchise members proving the profitability of the Planet Fitness business model year after year.

Exclusively Listed By

Broker of Record

  • Mickey Davis

    Associate

    (901) 620-3600

    License(s): MS: 15586

    Mississippi

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