Crunch Fitness NNN Investment

1292 Border Avenue presents a performing retail investment, 100% occupied by a national tenant on a guaranteed fully NNN lease within a dense residential node of Corona, California.

The property totals 17,956 square feet of quality neighborhood retail space in a high-traffic shopping center anchored by Stater Bros Markets. The 1.32-acre lot enjoys prime placement at the intersection of Border Avenue and Via Del Rio, delivering visibility to more than 24,000 passing vehicles each day. The property has a fitness center build-out and is fully occupied by Crunch Fitness. With over 450 locations serving more than 2 million members, Crunch Fitness is one of the fastest-growing fitness brands which has seen membership growth of more than 60% since the onset of the pandemic. This location is leased and personally guaranteed by the brand’s largest franchisee, with 37 locations across five states. The space has been expertly maintained and was fully renovated by the tenant in 2018 with a brand-new Crunch Fitness prototype build-out.

1292 Border Avenue benefits from placement within five minutes of California State Highway 91 (CA 91), near many of the area’s most prominent attractions and employment centers. Just across CA 91 is the region’s densest industrial hub, with 12 million square feet of space and a daytime population of more than 155,000. Headquarters or regional offices for prolific brands such as Fender Guitars, Zumiez, and Circle K, as well as the offices of the Corona-Norco Unified School District and the Corona Regional Medical Center, are reachable in less than 10 minutes from the property. Corona High School is also just down the street, with a student enrollment of over 3,200. These vital hotspots and job centers bring heightened traffic to businesses in the area and deliver an affluent base of new potential members.

Located between the Santa Ana Mountains, Chino Hills State Park, and Lake Mathews Estelle Mountain Reserve, Corona’s residents enjoy a diverse landscape that encompasses everything from abundant retail centers to unspoiled natural beauty. The city’s location offers easy access to both the Inland Empire and Orange County; this, along with the abundance of attractive, Spanish-style homes and excellent public schools, makes Corona a popular home base for many commuters. Corona is also known as the Circle City, named for the three-mile circular layout found at Grand Boulevard. This circular hub houses several parks, a farmers market, local eateries, and the Corona Regional Medical Center. The nearby Dos Lagos at Lakeside mixed-use development offers residents an elevated shopping and dining experience with restaurants, boutique retailers, bars, a movie theater, and an amphitheater, all surrounding a lake with picturesque features, including an intricate bamboo bridge.

Seize this rare opportunity to acquire a low-maintenance investment with a quality national tenant on a guaranteed NNN lease at 1292 Border Avenue.