Net Lease LA Fitness Property Profile and Cap Rates Date September 10, 2020
Net Lease LA Fitness – Typical Property and Lease Terms
| Price Range: | $7M - $17M |
| Cap Rate: | 6.25% - 6.75% |
| Net Income: | $475,000 - $1,000,000 |
| Price Per foot: | $300 PSF |
| Building Size: | 45,000 SF |
| Lot Size: | 5 Acres |
| Escalations: | 10% Every 5-Years |
| Lease Term: | 15 Years |
| Lease Type: | NN |
| Credit Rating: | NR |
Tenant Company Information:
LA Fitness International LLC (doing business as LA Fitness) is an American gym chain with more than 700 clubs across the United States and Canada. The company was formed in 1984 and is based in Irvine, California.
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