Health Clubs
Boston Sports Clubs – Massachusetts
Health Clubs Offerings
Boston Sports Clubs – Massachusetts
- Price:
- $33,316,848.48
- Cap Rate:
- 8.25%
- NOI:
- $2,748,640*
- Rentable SQFT:
- 245,475 SF
- Lease Type:
- NNN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- LONG-TERM ABSOLUTE NNN LEASE
- ANNUAL, FIXED RENT INCREASES
- STRONG UNIT LEVEL FINANCIAL REPORTING
- FAVORABLE DEMOGRAPHICS IN DESIRABLE BOSTON SUBURBS
- ASSETS WERE A HIGHLY REGARDED INDEPENDENT BOUTIQUE FITNESS COMPANY BEFORE BEING ACQUIRED BY BOSTON SPORTS CLUB
- ATTRACTIVE MASTER LEASE STRUCTURE
- NO NATIONALLY BRANDED HEALTHCARE OPERATORS IN THE IMMEDIATE PROXIMITY
This portfolio is available either together or separately. See OM for individual pricing and information.
The three Boston Sports Clubs locations are:
- 191 Elm St, Salisbury, MA 01952
- 194 Newbury Street, Peabody, MA 01960
- 116 Pleasant Valley Street, Methuen, MA 01844
*NOI based on rent increase 7/1/20.
Client Login
Enter your Username (Email) & Password if you have previously registered.
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.