Life Time Fitness - Dublin, OH
3825 Hard Road, Dublin, OH, 43016, US
10,131 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 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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Attributes
NOI
IDR 32,839,958,000
WAULT
10 years
Building area net
10,592 m²
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
- Adjacent to Eaton Corporation HQ with 700+ employees
- Just north of Cuyahoga Community College, the largest in OH with 19,000 students
- Nearby the newly developed Pinecrest Center with 4.4 million visits annually
- Beachwood daytime population expands by more than 7x
- Incredible demand characteristics driven by 1-mile AHHI of $182K
- Along Richmond Rd just off I-271 with direct visibility to 168,000 VPD
Contact brokers
Life Time Fitness - Beachwood, OH (0 Properties)
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Last updated
4 Aug 2025
