Tenancy: Fitness International, LLC
Building Size: 45000
Lease Expiration: 15 Years from COE
Rental Increases: Lesser of CPI or 10% Every 5-Years
• Sale Leaseback. Single-Tenant LA Fitness:
∘ Corporate Lease with Fitness International, LLC [LA Fitness’ Parent Company]
∘ ABSOLUTE NNN Lease. No landlord responsibilities
∘ 15-year Primary Lease Term, with three (3), 5-year Options
∘ Rent increases every 5 years, including options
• About LA Fitness:
∘ Fitness International, LLC [Parent Company]
∘ 750 open and operating health clubs across North America, and expanding
∘ #1 largest health club operator in North America by revenue
$2.1B Estimated Annual Revenue
∘ 40+ Years of operational experience
• Rare Offering: Fort Worth is the Only Fitness International [LA Fitness] Sale Leaseback on the market in North America


