Health Clubs
Esporta Fitness – Brandon, FL
Health Clubs Offerings
Esporta Fitness – Brandon, FL
2890 Providence Lake Blvd.
Brandon, FL 33511
- Price:
- $15,615,000
- Cap Rate:
- 6.00%
- NOI:
- $936,900
- Rentable SQFT:
- 45,000 SF
- Year Built:
- 2006 / 2017
- Lot Size:
- 4.20 AC
- Lease Type:
- NNN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Strong Commitment to Site
Fitness International, LLC executed an early 15 Year lease extension and substantial remodel in 2017. This is a rare NNN lease for a freestanding parcel with tenant responsible for roof and structure. - Irreplaceable Location
Located just off intersection 75 and Causeway Blvd. with a combined traffic count of 142,643 vehicles per day. The property is adjacent to Costco and has 4,931+ apartments nearby. Nearby national and local retailers include Walmart, Starbucks, Dunkin’ Donuts, Buybuy Baby, Lowe’s, Petsmart, Kohl’s, Publix, Chick-fil-a, and many more.
- Top Performing Health Club Chain
LA Fitness is the largest and one of the fastest-growing non-franchised fitness club operators with over 744+ health club locations in the United States and Canada. - Major Recapitalization – Moody’s 06/01/21
Fitness International, LLC recently joined forces with several large equity partners in a major recapitalization effort to take advantage of growth opportunities – major recent capital raise from equity partners; Fitness International’s current total liquidity is about $730M (Moody’s).
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