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1141 SW Pine Island Rd
Cape Coral, FL 33991

Around the Clock Fitness · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
29,343 SF
Building Class
B
Year Built
2010
Number of Floors
1
Building FAR
0.21
Lot Size
3.27 AC
Zoning
Pine Island Road Corridor

About 1141 SW Pine Island Rd , Cape Coral, FL 33991

Marcus & Millichap is pleased to present for sale Around the Clock Fitness, a 29,343-square-foot state of the art, country club style, 24-hour fitness club located in Cape Coral, Florida. Around the Clock Fitness is Cape Coral’s premier fitness and lifestyle facility. The building, professionally remodeled in 2017, boasts over 29,000 square feet of affordable luxury fitness equipment and amenities. Amenities include group fitness classes such as Zumba, spinning, Yoga, personal training, group training, Tribe Training, CrossFit, Kid’s Zone and a 24-hour Juice Bar and Café. The property, situated between Southwest Pine Island Road and Ceitus Terrace, comes complete with ample parking and multiple points of ingress and egress from either Ceitus Terrace or Southwest Pine Island Road. Southwest Pine Island Road is a main artery providing Around the Clock Fitness with exposure to over 35,000 passing vehicles per day. Around the Clock Fitness (ATCF) was founded in 2008. Today, ATCF has six locations spanning from Sarasota to Cape Coral, with plans to open two new clubs per year. ATCF provides exceptional atmosphere and unmatched customer service throughout the region. The highly profitable and successful fitness chain has over 40,000 members, 7,000 of which belong to the Cape Coral location. This location has been tremendously successful with increasing membership year over year. In addition to membership, the fitness center has over one dozen internal ancillary revenue streams. The health club industry is a $34 billion industry, and has seen tremendous growth over the last 10 years. Moving forward, the health club industry is expected to grow at a faster rate than the overall economy with GDP expected to increase by 2.1 percent annually and the health club industry expected to increase by 3.2 percent annually. ATCF is selling their interest in the building to free up the capital needed to keep up with the rapid growth of their chain, making this the perfect opportunity for an investor to capitalize on a thriving player in a growing industry.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-44-23-C3-11000.0010
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£4,781,229
  • Listing ID: 12323770

  • Date on Market: 20/04/2018

  • Last Updated:

  • Address: 1141 SW Pine Island Rd, Cape Coral, FL 33991

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