LA Fitness – Richmond, TX

Tenancy: Fitness International, LLC
Building Size: 47,000 square feet
Renewal Options: Three 5-Year Options
Lease Expiration: September 2035
Rental Increases: $1.50 PSF Every 5-Years

New Single-Tenant LA Fitness Signature Club:

  • Major recapitalization in 2021 (contact Broker for details)
  • Corporately guaranteed lease with the largest health club operator in the country (730+ locations)
  • NNN lease with minimal landlord responsibilities
  • New construction (2019) with over 14.4 years of firm term remaining
  • Low rent per square foot