• New Single-Tenant LA Fitness:
Corporately guaranteed lease with the largest health club operator in the
country (740+ locations)
NN lease with minimal landlord responsibilities, ideal for a passive investor
Major recent capital raise from equity partners and credit upgrade to B3
Stable (June 2022 – Moody’s)
• Brand New 10-Year Lease Extension: Showing the Tenant’s commitment to this
location
• Upside Potential: Buyer can potentially carve out a pad site in the parking lot to
add value immediately (contact broker for details)
• Below Market Rent at $17 Per Square Foot
• High Traffic Location: Excellent visibility and access on N Indiana 135 with over
43,000 cars per day
• Dense and Affluent Demographics: Over 172,000 people within 5 miles of the
subject property with a $102,000 average household income within 1mile