LA Fitness

Towson, Maryland

Offering Summary

  • Status: accepted offer
  • Price: 12,720,000
  • CAP Rate: 8.25%
  • Term: 12 Years
  • Net Operating Income: $1,049,400
  • Price/SF: $265
  • Year(s) Built: 1992
  • Year(s) Renovated: 2014
  • Lease Type: NN
  • Industry Leading Tenant – #1 Revenue Generating Health Club
  • Downtown Infill Location – Adjacent to $350M Mixed-Use
  • Recent Extension – 15 Year Lease
  • Scheduled 10% Rent Bump in 2024
  • Reopened for Business on June 20th
  • Dense, Affluent Demographics – 305,416 Residents within 5-Miles, AHHI of $97K
EXCLUSIVELY LISTED BY:

Craig Fuller

Senior Managing Director