450 Ruins DrCoolidge, AZ 85128

This exceptional investment opportunity presents a fee-simple ownership of a 9,021 square foot Anytime Fitness located at 450 W Ruins Dr, Coolidge, AZ 85128. The property boasts a strong 7.60% cap rate and a substantial net operating income (NOI) of $132,000. Secured by a 15-year absolute NNN lease (commencing April 1, 2023, and expiring March 31, 2038), this investment offers significant long-term stability with over 13 years remaining on the initial lease term. The lease includes favorable terms such as 3% annual rent increases and two 5-year renewal options with fair market value rent adjustments. The tenant, a large and successful Anytime Fitness franchisee, operates within a prime retail location. The property sits on one acre of land and benefits from its strategic position across from Safeway Plaza, a 127,000 square foot grocery-anchored center, and near other major retailers including Walmart, Walgreens, and more. Furthermore, its proximity to the 114-lot Coolidge Gateway Manor residential development ensures continued growth and strong tenant demand. This is a truly passive investment opportunity with zero landlord responsibilities for operating or capital expenses, making it an ideal addition to any portfolio. The asking price is $1,736,842.