10115 Talbert AveFountain Valley, CA 92708

This exceptional investment opportunity presents a fee-simple, 50,441 square-foot, single-tenant LA Fitness facility located in Fountain Valley, California. Situated on a 2.87-acre lot at 10115 Talbert Ave, 92708, this property boasts irreplaceable freeway frontage on the heavily trafficked 405 Freeway, enjoying daily visibility to 320,789 vehicles. The 100% occupied building, constructed in 1977 and renovated in 1998 and 2014, features 169 parking spaces and benefits from a long-term NNN lease with a credit-rated corporate guarantor, expiring June 30, 2035 (10.6 years remaining). The lease includes 10% rent bumps every five years, with lease options for (2) five-year and (1) four-year extensions. The property's strong financial performance is reflected in its $1,123,848 NOI and a 5.00% cap rate, with an asking price of $22,475,000. The location is strategically positioned near the Orange Coast Medical Center and the Fountain Valley Promenade, surrounded by a variety of national and local retailers, and serves a dense, affluent demographic with over 201,800 residents within a 3-mile radius, averaging over $116,000 in household income. This presents a rare opportunity to acquire a core+ net-leased fitness center in a prime Orange County location.