Tenancy: LA Fitness
Building Size: 34000
Lease Expiration: 10-Years Remaining
Rental Increases: $1.50/PSF every 5-Years
• Single-Tenant LA Fitness:
∘ Corporate Lease with LA Fitness
∘ NN+ Lease with minimal landlord responsibilities, ideal for a passive investor
∘ 10-years remaining on Primary Lease Term, with three (3), 5-year Options
∘ Rent Increases every 5 years, including Options
• 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


