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Fitness Center

Onelife Fitness | New 15 Year Corporate Lease | Absolute NNN | Winchester, VA

251 Commonwealth Ct, Winchester, VA 22602

Listing Price: $9,908,103

Cap Rate
6.75%
Tenant Name
Onelife Fitness
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
57,730
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.58

Investment Overview

Marcus & Millichap is pleased to present this rare opportunity to purchase this freestanding brand new Onelife Fitness with a new 15 year lease and 2.00% annual increases located in Winchester, VA. The offering is a 57,730-square-foot-facility positioned on 5.93 acres off the I- 81 freeway and State Route 37 with over 64,922 combined traffic counts. This location offers not only state-of-the-art exercise equipment but also a Saltwater Pool & Spa, Basketball court, Turf Area, Hot Yoga, Cinema Room and More.

Investment Highlights

  • New Long Term, Absolute NNN Lease
  • Strong Corporate Guarantee – 43+ Unit Operator
  • Brand New Facility with Extensive Buildouts
  • Strong Performer & Successful Track Record
  • Fast Growing Territory

Exclusively Listed By

  • Mark Thiel

    Senior Managing Director Investments

    (858) 373-3206

    Email Mark

    License(s): CA: 01469342

    San Diego

  • Jake M. Bordelon

    Associate

    Email Jake

    License(s): CA: 02048307

    San Diego

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Fitness Center

Onelife Fitness | New 15 Year Corporate Lease | Absolute NNN | Winchester, VA

Listing Price: $9,908,103

Cap Rate
6.75%
Tenant Name
Onelife Fitness
Years Remaining On Lease
13.2
Guarantor
Corporate Guarantee
Rentable SF
57,730
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.58

Investment Highlights

  • New Long Term, Absolute NNN Lease
  • Strong Corporate Guarantee – 43+ Unit Operator
  • Brand New Facility with Extensive Buildouts
  • Strong Performer & Successful Track Record
  • Fast Growing Territory

Investment Overview

Marcus & Millichap is pleased to present this rare opportunity to purchase this freestanding brand new Onelife Fitness with a new 15 year lease and 2.00% annual increases located in Winchester, VA. The offering is a 57,730-square-foot-facility positioned on 5.93 acres off the I- 81 freeway and State Route 37 with over 64,922 combined traffic counts. This location offers not only state-of-the-art exercise equipment but also a Saltwater Pool & Spa, Basketball court, Turf Area, Hot Yoga, Cinema Room and More.

Exclusively Listed By

  • Mark Thiel

    Senior Managing Director Investments

    (858) 373-3206

    Email Mark

    License(s): CA: 01469342

    San Diego

  • Jake M. Bordelon

    Associate

    Email Jake

    License(s): CA: 02048307

    San Diego

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

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