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| Price $10,947,000 | Built/Renov 2020 | Tenant Esporta Fitness |
| Cap Rate 6.60% | Lease Type
Double NN | Guarantor Corp Rated |
| Size/SF
34,000
| Lease Start
01-09-2020
| #Units
142
|
| Price/SF $321.97 | Expiration
07-31-2035
| Tenant Type Sport/Fitness |
| NOI $722,500 | R. Term 10.8 | Ownership Fee Simple |
| Rent/SF
$21.25
| Increases 0.0%/0/yrs | Pop 5Mi 207,118 |
| Lot/AC 6.73 | Options 3/5yrs | AHHI 5Mi $111,139 |
| | |
Esporta Fitness is strategically located at the signalized, hard-corner intersection of U.S. Highway 17-92 and State Highway 434, a major retail thoroughfare with access to a substantial combined daily traffic count of 108,400 vehicles. The property is surrounded by well-known national tenants, including Target, Home Depot, Subway, Advance Auto Parts, Lowe’s, Wawa, and more. Additionally, it...
...New construction
Build to suit
High traffic 50M+ VPD
Dense retail corridor
Top 100 MSA
Strong demographics
Income tax free state
Long 10+ yr lease
Subsidiary 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, and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 12,676 | 73,198 | 208,995 |
| 2024 Total Population : | 12,186 | 72,772 | 207,118 |
| 2024 Employed Civilian Pop : | 7,102 | 41,434 | 119,759 |
| 2024 Total Businesses : | 678 | 4,317 | 12,127 |
| 2024 Average Household Income : | $ 79,495 | $ 101,801 | $ 111,139 |
| 2024 Total Consumer Spending : | $ 365 M | $ 2539 M | $ 8257 M |
| 2024 Median Age : | 40 | 41 | 41 |
| 2024 Total Households : | 5,196 | 28,547 | 85,200 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,962 | 13,462 | 43,259 |
| 2024 Average Home Value : | $ 333,339 | $ 403,835 | $ 448,378 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E State Rd 434 | East St | 2009 | 30,000 | 0.10 mi |
| US Hwy 17 | E Church Ave | 2009 | 36,500 | 0.22 mi |
| E State Rd 434 | Oxford St | 2012 | 28,758 | 0.23 mi |
| S Hwy 17/92 | E Wildmere Ave | 2012 | 48,500 | 0.27 mi |
| Orington Payne P | 2022 | 30,000 | 0.33 mi | |
| State Rd 434 W | Sunshadow Dr | 2010 | 34,500 | 0.37 mi |
| Laura St | 2022 | 55,500 | 0.44 mi | |
| S Hwy 17/92 | Laura St | 2012 | 40,976 | 0.46 mi |
| State Rd 434 W | Timberlane Trl | 2012 | 32,660 | 0.50 mi |
| S Grant St | 2022 | 21,000 | 0.51 mi |
Houston, TX
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 45,000
Jeffersonville, IN
Cap Rate 6.50%
Lease Double NN
R. Term 13.50 yrs
Size/SF 63,281
Kennesaw, GA
Cap Rate 6.25%
Lease NN+
R. Term 7.70 yrs
Size/SF 62,960
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
