NNN Sale-Leaseback | 10-Year Term | 9.5% Cap | $830K Appraisal
Investment Highlights
Triple-net lease (NNN) – Tenant responsible for CAM, insurance, and property taxes.
10-year lease in place.
9.5% Cap Rate – Strong cashflow opportunity.
No repairs required – Fully renovated property.
Sale-leaseback opportunity – Long-term tenant stability.
Tenant & Operator
The property is currently occupied by 870 Fitness, the leading independent fitness center in the market.
#1 in revenue generation in the region.
#1 on Google Reviews with a perfect 5-star rating.
Operated by an experienced owner who has been in the fitness industry since 2004, including time as an Anytime Fitness franchisee and multiple independent club owner.
Recipient of multiple Top 10% Franchise Awards for revenue and customer satisfaction.
The current landlord is also the business owner, ensuring alignment of interests under this sale-leaseback structure.
Owner has owned the building since 2012 and has been operating a fitness business at this location since 2007, demonstrating long-term commitment and stability.
This offering provides investors with a stable, long-term tenant, consistent monthly cashflow, and the ability to build long-term equity and wealth through ownership of a fully renovated, high-performing property.