Planet Fitness NNN Property For Sale — Roswell, NM
1709 S. Main St., Roswell, NM 88203
This investment opportunity features a single-tenant Planet Fitness, operated by the largest franchisee in the world. The property is strategically located at 1709 S Main St in Roswell, New Mexico, benefiting from high visibility on a major thoroughfare with over 16,000 cars per day. Roswell, the fifth-largest city in New Mexico, provides a trade area population exceeding 65,000. The approximate 21,494 SF building is ideally situated for customer access. The tenant, ECP-PF, is a high-performing Planet Fitness franchisee established by Exaltare Capital Partners and Brightwood Capital Advisors, overseeing more than 60 locations across multiple states and Canada. The property is surrounded by a variety of national retailers, enhancing its commercial appeal. This investment offers long-term p…
- Address: 1709 S. Main St., Roswell, NM 88203
- Asking price $3.76M
- 8.00% cap rate
- NOI $300,916
- 8.5 years remaining
- NNN lease
- Building size: 21,494 SF
- Lease expiration: Feb 28, 2026
- Rent increases: Years 1-5: $300,916; Years 6-10: $331,008; Years 11-15 (Option 1): $364,108; Years 16-20 (Option 2): $400,433
- Guarantor: Corporate
Location
This Planet Fitness property is at 1709 S. Main St. in Roswell, New Mexico.
Asset type: Retail