Investment Overview

The NNN Fitness Group of Marcus and Millichap is pleased to bring to market this freestanding LA Fitness located in Parsippany-Troy Hills, NJ. The offering is inclusive of a rare 16 year lease with Fitness International, LLC with 10% increases every five years. LA Fitness is shadow-anchored by Wegman’s and Panera Bread and is located only 25 miles West of New York City. The property benefits from excellent exposure to a combined 218,975 vehicles per day along Route 10 and Route 287. The property boasts a population of 57,113 within three miles and an average household income exceeding $144,486.