Health Clubs Offerings
Boston Sports Clubs – Massachusetts
- Cap Rate:
- Rentable SQFT:
- 245,475 SF
- Lease Type:
- Type of Ownership:
- Fee Simple
- 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.
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