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VASA Fitness – Longmont, CO

Net Lease Health Clubs Offerings

VASA Fitness – Longmont, CO

1630 Pace St.

Longmont, CO 80501

Price:
$14,360,000
Cap Rate:
7.25%
NOI:
$1,041,180
Rentable SQFT:
56,280 SF
Year Built:
2025
Lot Size:
5.91 AC
Lease Type:
NNN
Lease Term:
15+ Yrs
Type of Ownership:
Fee Simple
Status:
Available

Investment Highlights

  • Expansive Brand-New Buildout
  • Long-Term Commitment
  • Established National Operator
  • Strong Retail Corridor & Demographics

Marcus & Millichap is pleased to present this exclusive opportunity to acquire a brand-new VASA Fitness located in Longmont, Colorado. This 56,280-square-foot, state-of-the-art facility is part of VASA’s latest large-format prototype and is being delivered as a complete new buildout tailored to the tenant’s specifications. Offered at $14,360,000 with a 7.25% cap rate, this offering represents a rare opportunity to acquire a brand-new, long-term NNN investment leased to a nationally recognized fitness operator in one of Colorado’s strongest suburban markets.

VASA Fitness has executed a new 15-year NNN lease with three 5-year renewal options and 10% rent increases every five years, demonstrating a strong, long-term commitment to the market. The lease begins January 2026 and provides a stable income stream with no landlord responsibilities other than roof and structure.

Positioned on a 5.91-acre site along a high-traffic retail corridor with more than 17,000 vehicles per day combined, the property benefits from strong co-tenancy, including Walgreens and national retailers nearby. Located just 16 miles from Boulder and 31 miles from Denver, Longmont is an established Front Range community with a household income exceeding $100,000 within a one-mile radius and a growing population base driven by major employers such as Seagate and Xilinx.

 

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The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NNN Fitness and distribution to any other person or entity without the express written consent of NNN Fitness is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NNN Fitness has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. NNN Fitness has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, NNN Fitness has not verified, and will not verify, any of the information contained herein, nor has NNN Fitness conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Cory Gross

First Vice President Investments

303-328-2019

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Colby Haugness

Broker of Record

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