Planet Fitness

Available as a Portfolio or Individually
Prime Position in Greeneville’s Dominant Retail Corridor – Located along US-11E (Andrew Johnson Hwy), Greeneville’s primary commercial artery and main east-west commuter corridor, the property benefits from exceptional visibility, accessibility, and more than 28,000 VPD, supporting strong daily consumer traffic and retail demand.
Dominant Fitness Positioning with Limited Competition – Unlike larger MSAs, Greeneville features a concentrated retail landscape with fewer competing national fitness operators, allowing Planet Fitness to capture a broad customer base within a trade area that includes more than 29,000 residents and over 12,000 households within a five-mile radius.
Surrounded by Major National Retailers – Positioned alongside Walmart, Lowe’s, Food Lion, Chick-fil-A, McDonald’s, Domino’s, Taco Bell, Zaxby’s, and numerous other national retailers, the property benefits from consistent consumer activity and strong co-tenancy synergies.
Gateway to the Tri-Cities & Smoky Mountain Region – Greeneville’s proximity to the Appalachian Mountains, Cherokee National Forest, and the broader Tri-Cities region supports an active lifestyle culture and provides a stable base of long-term demand for health, wellness, and fitness-oriented uses.
Proximity to Tusculum University – The nearby university contributes a steady population of students, faculty, and staff that supports year-round economic activity and consumer spending throughout the market.
Stable East Tennessee Fundamentals – Greeneville benefits from affordable living, a strong base of long-term residents, and a diverse local economy that is
less dependent on tourism, supporting consistent consumer demand and economic stability.
Long-Term NNN Lease Structure – Approximately 12 years remain on the initial lease term (expiring 7/13/2038), featuring 9% rent increases every five years, two 5-year renewal options, and a guaranty from ECP-PF: TN Operations, LLC, providing stable cash flow and long-term income growth.

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Hutt Cooke