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Health Club For Sale • 44,647 SF
| Corporate Guaranteed Lease: 24 Hour Fitness USA, Inc., a premier fitness chain with over 300 clubs nationwide, guarantees the lease, providing investo |
| Recent Waiver of Termination Right: 24 Hour Fitness had a once time option to terminate their lease in September of 2024. They waived this right highl |
| Extensive Tenant Improvements: 24 Hour Fitness has been a valued tenant since 2018, and invested over $3 million in tenant improvements, demonstrating |
| Built-in Inflation Protection: Future ownership will benefit from 10% rent increases every five years, offering a hedge against inflation and consiste |
| Prime Location: Located in a densely populated area of Tacoma, benefiting from significant daily foot and vehicle traffic. Situated in a neighborhood |
| Minimal Landlord Responsibility: Operating under a Triple Net (NNN) lease, 24 Hour Fitness assumes nearly all property expenses, including taxes, insu |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 24 Hour Fitness |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Tacoma Dome Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder), Tacoma Link - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 4 min | - | 1.4 mi |
| 10 min | - | 4.0 mi | |
| Airport | Drive | Walk | Distance |
| Seattle-Tacoma International | 36 min | - | 22.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 110 |
| Type: | Surface |
| Included in Rent: | Yes |
