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Total Wine & Planet Fitness 2705 Santa Rosa Ave

37,905 SF 100% Leased Retail Building Santa Rosa, CA 95407 £11,311,755 (£298/SF) 6.75% Net Initial Yield

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Investment Highlights

Brand NNN Leases | Scheduled Rental Increases |Well-Known & Established Tenants | Options to Extend | Newly-Remodeled Building
Dense Retail Corridor | Strong National/Credit Tenant Presence

Signalized, Hard-Corner Intersection (44,900 VPD) | U.S. Highway 101 (157,300 VPD) | Excellent Visibility and Access
Direct Consumer Base | Strong Demographics in 5-Mile Trade Area

Executive Summary

SRS Investment Properties Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a newly-remodeled, 2-tenant, 100% occupied, NNN leased Planet Fitness & Total Wine investment opportunity located in Santa Rosa, California. Planet Fitness & Total Wine both recently signed brand new leases with approximately 10 years of firm term remaining, demonstrating their commitment to the site. Additionally, both leases feature rental increases throughout initial term and option periods, growing NOI and hedging against inflation. Both tenants operate under NNN leases, limiting expense leakage for a future investor. Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States with over 2,250 locations. Total Wine the country’s largest independent retailer of fine wine, operating 263 superstores across 28 states.