Life Time Fitness - Vestavia Hills, AL_Property for Sale
Life Time Fitness - Vestavia Hills, AL_Property for Sale
3051 Healthy Way, Vestavia Hills, AL, 35243, US

Life Time Fitness - Vestavia Hills, AL

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 3051 Healthy Way in Vestavia Hills, Alabama (“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
MYR 8,882,000
WAULT
10 years
Building area net
9,629 m²
Year built
2008

Media

Investment Highlights

  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. ONLY Life Time Fitness location in Alabama
  4. Adjacent to The Summit, the #1 most visited community shopping center in AL
  5. Vestavia Hills is the 2nd wealthiest city in Alabama
  6. Incredible demand characteristics driven by 3-mile AHHI of $155K and 13% population growth since 2010
  7. Just off the I-459 and US Highway 280 interchange with accessibility to 211K vehicles per day


Life Time Fitness - Vestavia Hills, AL 4_Property for Sale
Life Time Fitness - Vestavia Hills, AL 4_Property for Sale

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Life Time Fitness - Vestavia Hills, AL (0 Properties)

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Last updated
4 Aug 2025