Urban Air & Crunch Fitness Building

Investment Overview

Presenting a premier opportunity from BHHS IN REALTY COMMERCIAL DIVISION: a Class A 66,469 sq ft, fully leased multi-tenant property ideally situated in Noblesville, neighboring Carmel and Fishers. Recently remodeled to accommodate esteemed anchor tenants Urban Air Adventure Park and Crunch Fitness, both with long-term lease commitments. With a robust cap rate of 7.1%, this investment beckons savvy investors.

Investment Highlights

• 100% occupied by 2 National Franchisees - Crunch Fitness an Urban Air Adventure Parks
• Crunch Fitness has 10 years on its Lease
• Urban Air has 5 years on its lease with options to renew every 5 years with a 10% escalation
• Huge Parking Lot with 323 spots
• Class A+ Modern Building - Last Renovated in 2024
• Crunch Fitness current rent is $16.00/SF/Yr (NNN)
• Urban Air current rent is $9.90/SF/Yr (NNN)