Tenancy: Fitness International, LLC
Building Size: 34000
Lease Expiration: 2/14/2040
Rental Increases: 10% Every 5-Years
• Single-Tenant LA Fitness:
∘ Corporate Lease with Fitness International, LLC [LA Fitness’ Parent Company]
∘ NN+ Lease with minimal landlord responsibilities, ideal for a passive investor
∘ 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]
∘ 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


