Pins Mechanical
4323 S Congress Ave, Austin, TX, 78745, US
CN¥217,443,000 | 3,902 m²
Description
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 44 Harvard Street in Westwood, Massachusetts (“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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Attributes
NOI
CN¥25,500,000
WAULT
10 years
Building area net
11,892 m²
Year built
2015
Media
Investment Highlights
- Absolute NNN lease with ±10.0 years of primary lease term remaining and 10% rent escalations every 5 years
- Life Time Fitness is a premium lifestyle and leisure brand with more than 1.5+ million members
- Adjacent to Xcerra HQ and Eversource corporate office with 4,500+ employees
- Within University Station, a top 3% shopping center with 6.1 million visits annually
- Westwood is consistently ranked as one of MA’s most affluent communities
- Adjacent to 190-acre master-planned Blue Star Business Park
- Incredible demand characteristics driven by 1-mile AHHI of $267K and 36% population growth since 2010
- At the junction of Route 95/128 and 93 with direct accessibility to 316,000 vehicles per day
Contact brokers
Life Time Fitness - Westwood, MA (0 Properties)
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Last updated
4 Aug 2025
