LA Fitness – San Antonio, TX

Tenancy: Fitness International, LLC
Building Size: 34000
Renewal Options: Three, 5-Year Options
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