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Fitness Center

Health Club Repositioning Opportunity | Affluent Demos | Value-Add Potential | Columbus MSA

3474 Sawmill Dr, Powell, OH 43065

Listing Price: Request For Offer

Tenant Name
LA Fitness(dark)
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
53,206
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.20

Investment Overview

Marcus & Millichap is pleased to present this 53,206 SF Health Club Re-Positioning Opportunity located in Powell, OH. This asset is ideally positioned in a highly affluent submarket of the Columbus MSA, which has a population of 214,124 and has grown 22.9% over the last 10 years. LA Fitness still has over 5+ years of lease term remaining allowing the new owner to explore re-positioning opportunities while realizing a healthy monthly income stream. The property sits adjacent to Seldom Seen Road with easy access from Sawmill Drive, a main thoroughfare, serving a combined 44,788 vehicles per day. Located in Delaware County, Ohio’s fastest-growing county and one of the nation's fastest-growing exurbs. Area retailers include Target, Aldi, CVS, Wal-Mart, Raising Cane’s, Chipotle, Taco Bell, and many more.

Investment Highlights

  • Dense Trade Area
  • Fast Growing Delaware County
  • Significant Value Add Potential
  • Excellent Location & Demographics
  • Great Access & Visibility

Exclusively Listed By

  • Mark Thiel

    Senior Managing Director Investments

    (858) 373-3206

    Email Mark

    License(s): CA: 01469342

    San Diego

  • Jake M. Bordelon

    Senior Associate

    Email Jake

    License(s): CA: 02048307

    San Diego

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Fitness Center

Health Club Repositioning Opportunity | Affluent Demos | Value-Add Potential | Columbus MSA

Listing Price: Request For Offer

Tenant Name
LA Fitness(dark)
Years Remaining On Lease
5.4
Guarantor
Corporate Guarantee
Rentable SF
53,206
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.20

Investment Highlights

  • Dense Trade Area
  • Fast Growing Delaware County
  • Significant Value Add Potential
  • Excellent Location & Demographics
  • Great Access & Visibility

Investment Overview

Marcus & Millichap is pleased to present this 53,206 SF Health Club Re-Positioning Opportunity located in Powell, OH. This asset is ideally positioned in a highly affluent submarket of the Columbus MSA, which has a population of 214,124 and has grown 22.9% over the last 10 years. LA Fitness still has over 5+ years of lease term remaining allowing the new owner to explore re-positioning opportunities while realizing a healthy monthly income stream. The property sits adjacent to Seldom Seen Road with easy access from Sawmill Drive, a main thoroughfare, serving a combined 44,788 vehicles per day. Located in Delaware County, Ohio’s fastest-growing county and one of the nation's fastest-growing exurbs. Area retailers include Target, Aldi, CVS, Wal-Mart, Raising Cane’s, Chipotle, Taco Bell, and many more.

Exclusively Listed By

  • Mark Thiel

    Senior Managing Director Investments

    (858) 373-3206

    Email Mark

    License(s): CA: 01469342

    San Diego

  • Jake M. Bordelon

    Senior Associate

    Email Jake

    License(s): CA: 02048307

    San Diego

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

MM Texture Background
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