∘ Absolute NNN Lease with zero landlord responsibilities
∘ 8+ years remaining on Primary Lease Term, with two (2), 5-year Options
∘ 10% Rental Increase in 2028 & every Option Period
• About LA Fitness:
∘ Corporately Operated Health Clubs. No Franchising.
∘ 735 open and operating health clubs across North America, and expanding
∘ #1 largest health club operator in North America by revenue
$2.2B Estimated Annual Revenue
∘ 40 Years of Operational Experience
Founded in 1984, Fitness International, LLC (d.b.a. “LA Fitness,” “Club Studio,” “City Sports,” “Esporta”) is the largest private full-service health club operator in North America. Further, by revenue, Fitness International is the #1 health club operator in North America, a position its held for over a decade. Totaling approximately 735 open and operating full-service health club and fitness facilities across the United States and Canada, Fitness International continues to expand its international presence. LA Fitness has built its continued dominance upon a value based model, offering multiple amenities under one roof, retaining a highly trained staff, and providing memberships at an approachable mid-tier price point of $39.99 a month. Typical amenities include HIIT training, cardio and strength equipment, personal training, indoor cycling, group exercise classes, indoor pool, spa, kids club, basketball courts, racquetball, cafes, and juice bars. LA Fitness’ mission is to help as many people as possible achieve the benefits of a healthy lifestyle by creating a nationwide network of sports clubs, offering its members the widest range of amenities and the friendliest service at an affordable price.
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