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Fitness Center

Flagship LA Fitness | Pompano Beach FL | Long Term Abs. NNN Lease | Signalized Corner

1000 N Federal Hwy, Pompano Beach, FL 33062

Listing Price: $20,136,910

Cap Rate
6.15%
Tenant Name
LA Fitness
Years Remaining On Lease
11.1
Guarantor
Corporate Guarantee
Rentable SF
56,908
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.76

Investment Overview

Marcus & Millichap is pleased to offer an exceptional investment opportunity: a 56,908 square foot single-tenant LA Fitness in Pompano Beach, FL. This investment offers an absolute triple net lease, ensuring a passive, hassle-free income stream with 11.25 years remaining on the initial lease plus options. The new landlord will also benefit from the upcoming rental increase at the end of 2025.

Pompano Beach, Florida, strategically positioned along the vibrant South Florida coast, presents exceptional advantages for businesses. With easy access to a diverse consumer base, a skilled workforce, and robust transportation networks, Pompano Beach offers an inviting environment.

Investment Highlights

  • Corporate Long Term Lease w/Structured Increases
  • Top Performing Health Club Location (Placer.Ai)
  • Full-Service Health Club Amenities
  • High Density / Infill Location

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Fitness Center

Flagship LA Fitness | Pompano Beach FL | Long Term Abs. NNN Lease | Signalized Corner

Listing Price: $20,136,910

Cap Rate
6.15%
Tenant Name
LA Fitness
Years Remaining On Lease
11.1
Guarantor
Corporate Guarantee
Rentable SF
56,908
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.76

Investment Highlights

  • Corporate Long Term Lease w/Structured Increases
  • Top Performing Health Club Location (Placer.Ai)
  • Full-Service Health Club Amenities
  • High Density / Infill Location

Investment Overview

Marcus & Millichap is pleased to offer an exceptional investment opportunity: a 56,908 square foot single-tenant LA Fitness in Pompano Beach, FL. This investment offers an absolute triple net lease, ensuring a passive, hassle-free income stream with 11.25 years remaining on the initial lease plus options. The new landlord will also benefit from the upcoming rental increase at the end of 2025. Pompano Beach, Florida, strategically positioned along the vibrant South Florida coast, presents exceptional advantages for businesses. With easy access to a diverse consumer base, a skilled workforce, and robust transportation networks, Pompano Beach offers an inviting environment.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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