6830 E County Line Rd - Health Club FOR SALE


Highlands Ranch, CO 80126- Highlands Ranch-Lone Tree
$22,820,512 USD
405-609-9195
6830 E County Line Rd, Highlands Ranch, CO for Sale
$22,820,512 USD
Health Club - FOR SALE
1/4
null | 7.8% Cap Rate

6830 E County Line Rd
Highlands Ranch, CO 80126
Highlands Ranch-Lone Tree


HIGHLIGHTS

  • Corporate Guarantee
  • Long-Term Lease w/ Built In Rent Increases
  • Heavily Trafficked Retail Corridor
  • Affluent and Strong Demographics
  • Denver MSA

OVERVIEW

Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the rare opportunity to acquire the fee-simple interest in 6830 E. County Line Rd, a 45,500 SF single-tenant health club in Highlands Ranch, CO occupied by one of the premier health clubs in the world, 24 Hour Fitness. The site was built-to-suit for 24 Hour Fitness in 2010 and the original 20-year lease was extended in 2018 for an additional 5 years, demonstrating the tenant's commitment to the site. With direct visibility to over 180K VPD, an expansive site of over 3 acres that provides abundant parking, and a built-in client base from the surround residences, the site is optimally positioned for this premier health club. Strategically located in the heart of Highlands Ranch, a 22,000-acre master-planned community that is ~12 miles south of Denver, the site benefits from strong surrounding demographics, an active client base and robust traffic counts in this rapidly growing market. Surrounded by both dense residential areas and major retailers, such as Walmart, Sam's Club, Harbor Freight Tools and Hobby Lobby, the consistent traffic and demand create a strong retail synergy in the area and have helped drive real estate values.

FOR SALE DETAILS

PRICE

$22,820,512 USD

PRICE/SF

$502 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

24 Hour Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,252 SF

ZONING

PD

APN/PARCEL ID

2231-051-01-028,2231-051-01-029

ASK ABOUT THIS PROPERTY

Toby ScrivnerNorthmarqMore Info
405-609-9195

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

Toby ScrivnerNorthmarqMore Info
405-609-9195

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