NNN Fitness at Marcus & Millichap is the nation’s leading investment advisory team specializing in Net Lease Health Clubs & Experiential Retail. With over $3 Billion closed across 40+ states, we bring unmatched execution, strategic advisory, and deep industry relationships to every deal. Our disciplined specialization combined with the industry’s strongest transaction platform offers our clients unrivalled access to capital sources and strategic partnerships
We work with institutional owners, private investors, and national retailers to maximize value across all property types in the experiential retail category. Our unique position as the market leader allows us to provide unparalleled Sales, Leasing and Consulting Services for our clients. Our Portfolio includes:
- Health & Fitness Clubs
- Family Entertainment Centers
- Racquet & Tennis Clubs
- Sports Facilities
- Community Wellness Centers
What Sets Us Apart
- Category Expertise: Deep understanding of fitness and experience-driven real estate
- All-Encompassing Network: We work with Landlords, Tenants & Capital Market participants
- Proven Track Record: $3B+ in closing volume nationwide and growing
- Advisory-First Approach: We help owners, operators, and investors maximize value
- Custom Strategy: Tailored marketing, underwriting, and deal making platform
From institutional property owners to growing national retailers, we provide the guidance, exposure, and execution needed to close confidently. Our Consulting Services offer insights and guidance based on real-time market data and experience so our clients can maximize value no matter the market conditions.
Why Work With NNN Fitness
Our team leverages our long-standing relationships and track record across the industry to create opportunities for our clients to effectively maximize value within their portfolio whether that’s a fitness club, entertainment center, racquet facility, or wellness-oriented retail space. Every recommendation we make is backed by real-time data, property-level analysis, and a commitment to long-term partnerships built on trust, integrity, and execution.
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Advisory-Driven Process
We’re more than brokers — we’re advisors. From early-stage positioning through closing, we provide strategic guidance tailored to your asset, market, and goals. Whether you’re exploring a sale or evaluating timing, our team delivers insight grounded in experience.
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Experiential Property Expertise
Our specialty is real estate that drives community engagement — fitness clubs, performance centers, youth & family entertainment, and wellness-focused retail. These properties require a nuanced understanding of operations, user experience, and long-term demand drivers. We bring that understanding to the table.
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Institutional Access & National Reach
We leverage the industry’s largest buyer database and platform — spanning 80+ offices nationwide — to deliver true exposure. Whether the buyer is an REIT, family office, franchise group, or 1031 exchange investor, we know how to reach them.
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Real-Time Valuation & Market Intelligence
Our recommendations are backed by proprietary fitness market data, real-time buyer activity, and transactional insight from across the country. We track the trends — from cap rates to construction costs — and put that knowledge to work for our clients.
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Proven Execution
Closing is where strategy becomes success. With over $3B closed, we’ve proven our ability to move deals forward — quickly and efficiently — even in complex or shifting markets. Our team has the experience and knowledge to bring deals together from all angles.
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