Health Clubs Offerings
24 Hour Fitness
1000 E. Broad St.
Falls Church, Virginia 22042
- Cap Rate:
- Rentable SQFT:
- Year Built:
- Lot Size:
- Lease Type:
- Absolute Net
- Type of Ownership:
- Fee Simple
- For Sale
- National Tenant Revitalized
24 Hour Fitness has emerged from bankruptcy
with greater financial strength with an optimized
cost structure and leaner balance sheet after
eliminating $1.2 billion in debt and retaining the
highest performing, best located gyms.
- Infill Washington DC MSA
With a population of more than 207,000 within
a 3 mile radius and average HH income of over
$161,000, Falls Church has the lowest poverty
level of any city or county in the nation.
- Recent 15 Year Extension
With a successful track record since 2012
and high barrier-to-entry location with limited
competition, 24 Hour Fitness recently executed
an early 15 year lease extension, demonstrating
their long term commitment to the site.
- Major Building Upgrades
Repaired Masonry, Foundation Waterproofing,
New Drainage to Roof/Structure/Sidewalks, New
Roof Membrane, New Landscaping, New Concrete
/ Paver Sidewalks, New Asphalt Parking Lot and
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