Investment Overview

Marcus & Millichap is pleased to bring to market a 49,661 square-foot LA Fitness located in Riverside, CA. Renovated in 2013, this top-performing location ranks as the #1 LA Fitness within 15 miles and in the top 3% of all fitness centers nationwide according to Placer.ai. The corporately guaranteed NN lease has approximately 5.5 years remaining on the initial term, with three 5-year renewal options and 10% rent increases every five years. The property offers exceptional visibility along the Riverside Freeway (CA-91), which sees 182,800 vehicles per day, and is situated within a prime retail corridor anchored by Target, Nordstrom Rack, Trader Joe’s, and more. The surrounding 3-mile area is home to over 114,000 residents with an average household income exceeding $100,000.