Pins Mechanical
4323 S Congress Ave, Austin, TX, 78745, US
R 543,270,000 | 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 3058 Clarkson Road in Ellisville, Missouri (“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.
...
Attributes
NOI
R 33,477,000
WAULT
10 years
Building area net
10,379 m²
Year built
2007
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
- 1 of only 2 Life Time Fitness locations in Missouri with strong 3.57X EBITDAR to Rent Coverage
- Anchors Fountain Plaza, an upscale neighborhood center with 1.6M annual visits
- Ellisville is consistently named as one of the best places to live in Missouri
- Incredible demand characteristics driven by 3-mile AHHI of $191K
- Signalized intersection with direct visibility to 59,000 vehicles per day
Contact brokers
Life Time Fitness - Ellisville, MO (0 Properties)
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
4 Aug 2025
