- For Sale $2,871,000
- Property Type Retail - Strip
- Property Size 20,001 SF
- Lot Size 9.9 Acre
- Year Built 1968
- Year Renovated 2019
- Date Updated Feb 2, 2026
Description
ALO Property Group is pleased to present 7528 South Anthony Blvd, a 20,001-square-foot, single-tenant Planet Fitness building situated on .46-acres in Fort Wayne, Indiana. Originally constructed in 1968 with a significant capital-intensive renovation in 2019, this asset boasts 100% occupancy with Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States.
The property is strategically located on and highly visible from Hwy 27, the main North/South highway connecting southern Fort Wayne with Downtown. This location is surrounded by a growing job base along with stable and dense demographics. Fort Wayne MSA is home to 457,842 people and over 228,000 employed persons.This offering presents the opportunity to acquire a 100% occupied, 20,001 square-foot single-tenant Planet Fitness located in the Fort Wayne MSA; Indiana’s second-largest city with stable and dense demographics. The property is listed at $2,871,000 and features 9.5 years remaining on the current lease, with an additional 5-year renewal option. Backed by a strong lease guarantee from BCDI Great Lakes Holdings, a subsidiary of the publicly traded Planet Fitness (NYSE: PLNT), this asset offers secure, long-term income. Strategically positioned along the high-traffic Highway 27 corridor with over 22,000 vehicles per day, the site enjoys exceptional visibility and accessibility in a thriving retail corridor.
Highlights
- $208,000 NOI
- 100% Occupied by Planet Fitness
- 7.25% Cap Rate
- 9.5 Years of Term Remaining
- Built in 1968, Renovated in 2019
- Lease Guarantor: BCDI Great Lakes Holdings, Inc.
False
Contacts
Ralph Balber
ALO Property Group
Location
Located at 7528 S Anthony Blvd, Fort Wayne, IN 46816, this property is part of the Trier Ridge Park neighborhood and Fort Wayne market.
Contact Listing Broker
Ralph Balber
ALO Property Group