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Clovis, CA - Crunch Fitness

$8,700,000

284 W Shaw Ave, Clovis, CA 93612

Active
Last Updated: 09/30/2026

7.9

Cap Rate

687,150

NOI

Details:
Cap Rate:    7.9%
NOI:    $687,150
Building Size:    31,291 sqft
Lot Area:    2.23 acres
Occupancy:    100%
Year Built:    2019
Zoning:    C-2 (Community Commercial)
Year Last Renovated:    2019
Description:

• Recent 2025 lease extension through 2032
• Rent Increases 2.0-3.28% annually throughout current term, with 1 (5-year) option at fair market rent
• Mature location with established +5,000 member base at this site. 7-year history of successful operation
• Profitable location. Tenant reports sales (Inquire with agent for details)
• Crunch Fitness is one of the fastest-growing fitness brands globally, with 600+ gyms and approximately 3.5 million members worldwide. The brand opened 91 new clubs in 2025 alone and has grown from just 36 locations in 2009, with plans to reach 1,000 locations within the next five years. Crunch is backed by leading private equity firm Leonard Green & Partners and operates a $1.5 billion system-wide enterprise

• Shaw Ave is one of the premier retail corridors in Clovis/Fresno MSA. It features every major national big box anchor, two malls, and Fresno State University
• Nearby national anchors rank in the top percentiles nationally, per placer.ai, including: Costco (top 1% chainwide), Home Depot (top 10% chainwide), Walmart Supercenter, Lowe’s (top 2% chainwide), Target, Smart & Final, Food4Less, and new Vallarta Supermarkets
• 4 minutes to Sierra Vista Mall, a 690K+ SF Mall anchored by Target, Kohl’s, and Sierra Vista Cinemas - 5.9 Million annual visitors per Placer.ai
• Centralized position between State Highway 168 (116,177 VPD) and Clovis Avenue
(27,382 VPD), providing access to the greater Fresno metro
• 5 minutes to California State University, Fresno: 25,000 students and 2,500 faculty members

Map:
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