LA Fitness
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
850 Goodale Blvd., Grandview Heights, OH 43212
PROPERTY INFORMATION
Price:
$13,652,156
Cap Rate:
6.40%
Term Remaining:
14 Years
Status:
Closed
INVESTMENT SUMMARY
Dietz Commercial and Fortis Net Lease are pleased to exclusively present for sale the LA Fitness located at
Grandview Yard in Columbus (Grandview Heights), Ohio. The property was a 20 year build-to-suit
originally constructed for Urban Active in 2010 which changed to LA Fitness when they acquired 36
locations from Urban Active in 2012. The property consists of 42,160 square feet in 3 levels (2 story with
mezzanine area) and is situated on .759 acres. There are 14 years, 3 months remaining on the lease term with
rent escalations every five years throughout the primary term and option periods.