Planet Fitness and Davita Center – Thomasville, GA

14669 U.S. Hwy 19, Thomasville, GA 31792, USA

Sands Investment Group is pleased to exclusively offer for sale the 4.86-acre Vantage Thomasville Center, located at 14669 US Hwy 19 in Thomasville, GA. This offering features a high-quality, 23,000 SF retail center built in 2018, 100% leased to strong national tenants, Planet Fitness and DaVita, under long-term Triple Net (NNN) Leases. Strategically positioned on nearly 5 acres within Thomasville’s busiest retail corridor, this property provides a secure and attractive investment opportunity with stable cash flow and long-term value.

  • High-Quality, Fully Leased Retail Asset: Built in 2018, the 23,000 SF retail center is 100% leased to Planet Fitness and DaVita on long-term Triple Net (NNN) leases. The property sits on ~5 acres within Thomasville’s busiest retail corridor.
  • Stable, Long-Term Tenancy: Both tenants have meaningful term remaining on their initial 10-year leases, with Planet Fitness expiring in Q1 2030 and DaVita in Q1 2029. Planet Fitness has 1, 3-year and 2, 5-year renewal options, while DaVita has 3, 5-year renewal options.
  • Triple Net (NNN) Lease Structure: Tenants reimburse property taxes, insurance, and CAM expenses, providing ownership with stable net income and limited exposure to increases in property operating costs.
  • Strong National Tenant Lineup: The center is anchored by Planet Fitness, one of the largest fitness club operators with 2,700+ locations and 20.8 million members, and DaVita, a Fortune 500 healthcare company and one of the largest kidney care providers in the U.S. with 2,700+ outpatient dialysis centers.
  • Strong Lease Guarantees: Planet Fitness is backed by franchisee Taymax Group, while DaVita operates under a DaVita, Inc. subsidiary with a Fortune 500 parent guaranty, strengthening the overall credit profile of the asset.
  • Established Retail Corridor: The property is surrounded by major retailers, shopping centers, and community destinations, including Publix, Lowe’s, Office Depot, Starbucks, Dairy Queen, Pizza Hut, Thomasville Toyota, Pine Tree Plaza, Remington Avenue Ball Park, and the Thomas County Fire Department.
  • Proximity to Area Schools: Nearby schools include Jerger, Harper, and Scott Elementary Schools, McIntyre Park Middle School, and Thomasville High School, supporting consistent activity and traffic throughout the surrounding trade area.

 

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

14669 U.S. Hwy 19, Thomasville, GA 31792, USA

Planet Fitness

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations. As of June 30, 2025, Planet Fitness had approximately 20.8 million members and 2,762 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia, and Spain. The Company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. More than 90% of Planet Fitness clubs are owned and operated by independent businessmen and women. Over 3.7 million teen participants in 2025, $15 per month, three-month program. Based on a survey of teen High School Summer Pass participants and their parents, conducted by Planet Fitness.

Taymax Group, LP, is a franchisee of Planet Fitness that operates over 160 health clubs located throughout North America. Taymax is one of the largest and fastest-growing franchisees within the Planet Fitness system. Financially supported by a private equity firm, Trilantic North America, the company is positioned to scale the business in both new and existing markets. Taymax has been recognized through numerous awards given by the franchisor inclusive of Developer of the Year and Franchisee of the Year.

Davita

DaVita (NYSE: DVA) is a health care provider focused on transforming care delivery to improve the quality of life for patients globally. As a comprehensive kidney care provider, DaVita has been a leader in clinical quality and innovation for 25 years. DaVita cares for patients at every stage and setting along their kidney health journey—from slowing the progression of kidney disease to helping to support transplantation, from acute hospital care to dialysis at home.

As of June 30, 2025, DaVita served approximately 283,100 patients at 3,175 outpatient dialysis centers, of which 2,662 centers were located in the United States and 513 centers were located in 13 other countries worldwide. DaVita has reduced hospitalizations, improved mortality, helped improve health access, and worked collaboratively to propel the kidney care community to adopt a higher quality standard of care for all patients, everywhere.

Price

$4,300,000

Cap Rate

7.08%

PREMISES

23,000 SF

YEAR BUILT

2018

RENEWAL OPTIONS

Varies

Lease Expiration

Varies

Lease Type

NNN

RENTAL INCREASES

Varies

BROKERS

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