Fitness Center
VASA
480 US-287, Lafayette, CO 80026
Listing Price: $14,900,000
Cap Rate
7.00%
Tenant Name
Vasa Fitness
Years Remaining On Lease
19.2
Guarantor
Corporate Guarantee
Rentable SF
67,954
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.35
Investment Overview
Marcus & Millichap is pleased to offer for sale the VASA Fitness in Lafayette, Colorado.
VASA
Investment Highlights
- 20-YEAR CORPORATE NNN LEASE, 19+ YEARS REMAINING, 10% BUMPS EVERY 5 YEARS
- US 287 AND BASELINE ROAD, 40,000 VPD: WALMART ACROSS THE HIGHWAY, NEW KING SOOPERS MARKETPLACE 0.8 MILES NORTH
- TOP 5% OF COLORADO GYMS IN ITS FIRST EIGHT MONTHS (PLACER.AI)
- CORPORATE GUARANTY FROM A 74-CLUB, EIGHT-STATE OPERATOR
- $141,000 TO $169,000 AVERAGE HOUSEHOLD INCOME, 66% COLLEGE GRADUATES
Exclusively Listed By
Listing Price: $14,900,000
Cap Rate
7.00%
Tenant Name
Vasa Fitness
Years Remaining On Lease
19.2
Guarantor
Corporate Guarantee
Rentable SF
67,954
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.35
Investment Highlights
- 20-YEAR CORPORATE NNN LEASE, 19+ YEARS REMAINING, 10% BUMPS EVERY 5 YEARS
- US 287 AND BASELINE ROAD, 40,000 VPD: WALMART ACROSS THE HIGHWAY, NEW KING SOOPERS MARKETPLACE 0.8 MILES NORTH
- TOP 5% OF COLORADO GYMS IN ITS FIRST EIGHT MONTHS (PLACER.AI)
- CORPORATE GUARANTY FROM A 74-CLUB, EIGHT-STATE OPERATOR
- $141,000 TO $169,000 AVERAGE HOUSEHOLD INCOME, 66% COLLEGE GRADUATES
Investment Overview
Marcus & Millichap is pleased to offer for sale the VASA Fitness in Lafayette, Colorado.
Exclusively Listed By
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