3550 S Clark St - Office CONDO FOR SALE


Arlington, VA 22202
$23,197,000 USD
949-431-2735
3550 S Clark St, Arlington, VA for Sale
$23,197,000 USD
Office CONDO - FOR SALE
1/19
null | 6% Cap Rate

3550 S Clark St
Arlington, VA 22202


HIGHLIGHTS

  • Rare, Club Studio

OVERVIEW

• Single-Tenant Club Studio ° Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.] ° Rare, Condominium Offering with minimal landlord responsibilities ° 15-year primary term, plus three (3), 5-year options ° 10% rent increases every 5 years, including options • About Club Studio ° Fitness International’s Highest-End health club offering ° $134 - $249 monthly memberships ° 18 Club Studio locations Open, 21 Coming Soon, & many more in the development pipeline ° Studio Row: Club Studio’s signature boutique classes all centralized under one roof - » Pilates, HIIT, Cycling, Boxing & Hot Yoga

FOR SALE DETAILS

PRICE

$23,197,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Club Studio

PROPERTY TYPE

Office

ADD'L SUBTYPES

Health Club

TOTAL BUILDING SIZE

238,031 SF

STORIES

9

BUILDING CLASS

A

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

300

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C-O-1.5

APN/PARCEL ID

34-027-549,34-027-567,34-027-568,34-027-569

ASK ABOUT THIS PROPERTY

Austin BlodgettRealSource GroupMore Info
949-431-2735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Austin BlodgettRealSource GroupMore Info
949-431-2735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.