Life Time Fitness - Beachwood, OH_Propriété à vendre
Life Time Fitness - Beachwood, OH_Propriété à vendre
3850 Richmond Road, Beachwood, OH, 44122, US

Life Time Fitness - Beachwood, OH

Descriptif

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the freestanding Life Time Fitness located at 3850 Richmond Rd in Beachwood, OH (“Property” or “Asset”). Life Time Fitness is operating on an absolute NNN lease with ±10.0 years of primary lease term remaining, 10% rent escalations every five years, four, five-year renewal options and zero landlord responsibilities.

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Attributs

RNI
2 763 000 $
WAULT
10 années
Superficie du bâtiment nette
10 592 mètres carrés
Année de construction
2008

Média

Points forts de l'investissement

  1. Absolute NNN lease with ±10.0 years of primary lease term remaining and 10% rent escalations every 5 years
  2. Life Time Fitness is a premium lifestyle and leisure brand with more than 1.5+ million members
  3. Adjacent to Eaton Corporation HQ with 700+ employees
  4. Just north of Cuyahoga Community College, the largest in OH with 19,000 students
  5. Nearby the newly developed Pinecrest Center with 4.4 million visits annually
  6. Beachwood daytime population expands by more than 7x
  7. Incredible demand characteristics driven by 1-mile AHHI of $182K
  8. Along Richmond Rd just off I-271 with direct visibility to 168,000 VPD


Life Time Fitness - Beachwood, OH 4_Propriété à vendre
Life Time Fitness - Beachwood, OH 4_Propriété à vendre

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Dernière mise à jour
4 août 2025