Salem Gate Market
Iris Drive Southeast 1355, Conyers, GA, 30013, US
177,527 sf
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 14200 Highway 92 in Woodstock, Georgia (“Property” or “Asset”). Life Time 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
HK$14,523,000
WAULT
10 years
Building area net
113,948 sf
Year built
2008
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
- Woodstock has experienced 70% population growth in the past decade
- Incredible demand characteristics driven by 3-mile AHHI of $171K and 22% population growth since 2010
- Adjacent to a top 15% highest income neighborhood in America
- Woodstock is the largest city and economic hub of Cherokee County with a 1.8% retail vacancy rate
- Along critical regional corridor GA-92 with accessibility to 41,000 vehicles per day
Contact brokers
Life Time Fitness - Woodstock, GA (0 Properties)
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Last updated
4 Aug 2025
