Life Time Fitness - Beachwood, OH_Property for Sale
Life Time Fitness - Beachwood, OH_Property for Sale
3850 Richmond Road, Beachwood, OH, 44122, US

Life Time Fitness - Beachwood, OH

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
£1,509,000
WAULT
10 years
Building area net
114,007 sf
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. 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_Property for Sale
Life Time Fitness - Beachwood, OH 4_Property for Sale

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Life Time Fitness - Beachwood, OH (0 Properties)

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Last updated
4 Aug 2025