LA Fitness – Lake Elsinore, CA

Tenancy: Fitness International, LLC
Building Size: 45,460
Renewal Options: Two, 5-Year Options
Lease Expiration: 10/31/2033
Rental Increases: 10% in 2028 & Options

• Single-Tenant LA Fitness:

∘ Corporate Lease with LA Fitness

∘ 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