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| Price $13,384,285 | Built/Renov 2006/2017 | Tenant Esporta Fitness |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corp Rated |
| Size/SF
45,000
| Lease Start
03-01-2017
| #Units
142
|
| Price/SF $297.43 | Expiration
02-28-2032
| Tenant Type Sport/Fitness |
| NOI $936,900 | R. Term 7.5 | Ownership Fee Simple |
| Rent/SF
$20.82
| Increases 9.0%/3/yrs | Pop 5Mi 220,868 |
| Lot/AC 4.20 | Options 3/5yrs/10% | AHHI 5Mi $76,427 |
| | |
Esporta Fitness is strategically located on 4.2 acres, just off Interstate 75 and Causeway Blvd. with a combined traffic counts of 142,643 vehicles per day. The property is adjacent to Costco and has 4,931+ apartments nearby. Nearby national and local retailers include Walmart, Starbucks, Dunkin’ Donuts, Buybuy Baby, and Lowe’s, creating a strong draw to the immediate trade area. The site...
...New prototype
High traffic 50M+ VPD
Near major nationals
Strategically located
Freeway close
Dense 200M+ pop 5 mi
Top 100 MSA
Income tax free state
Corporate Guarantee
Credit rated company
Esporta Fitness is a brand new fitness model operating under the LA Fitness umbrella of clubs. Members have access to the spa, pool and private lockers, depending on their membership package,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 16,084 | 108,782 | 222,109 |
| 2023 Total Population : | 15,845 | 105,328 | 216,651 |
| 2023 Employed Civilian Pop : | 9,878 | 57,801 | 114,480 |
| 2023 Total Businesses : | 603 | 4,495 | 8,872 |
| 2023 Average Household Income : | $ 81,649 | $ 84,158 | $ 89,679 |
| 2023 Total Consumer Spending : | $ 527 M | $ 3126 M | $ 6455 M |
| 2023 Median Age : | 33 | 35 | 37 |
| 2023 Total Households : | 7,298 | 42,434 | 82,797 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,659 | 17,508 | 34,131 |
| 2023 Average Home Value : | $ 301,810 | $ 336,935 | $ 328,097 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Causeway Blvd | Providence Lakes Blvd | 2014 | 50,208 | 0.14 mi |
| SR-618 WB/BR# 100488 | Causeway Blvd | 2021 | 22,000 | 0.24 mi |
| 2016 | 18,700 | 0.25 mi | ||
| Brandon Town Center Dr | Town Center Blvd | 2015 | 10,291 | 0.29 mi |
| 10075323 NB ON | Selmon Expy | 2021 | 5,300 | 0.31 mi |
| I- 75 | Causeway Blvd | 2016 | 25,500 | 0.35 mi |
| I- 75 | Causeway Blvd | 2016 | 9,000 | 0.36 mi |
| N/A | Causeway Blvd | 2021 | 25,000 | 0.44 mi |
| I- 75 | Causeway Blvd | 2011 | 80,000 | 0.46 mi |
| RAMP #323 TO SR 60 | Garden Falls Dr | 2021 | 10,500 | 0.46 mi |
Elk Grove, CA
Cap Rate 6.40%
Lease NN+
R. Term 13.60 yrs
Size/SF 90,505
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
