Health Clubs
Esporta Fitness – Brandon, FL
Health Clubs Offerings
Esporta Fitness – Brandon, FL
2890 Providence Lakes Blvd.
Brandon, FL 33511
- Price:
- $13,677,372
- Cap Rate:
- 6.85%
- 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
- Irreplaceable Location
- Top Performing Health Club Chain
- Major Recapitalization – Moody’s 06/01/21
- Income Tax-Free State
The NNN Fitness Group of Marcus & Millichap is pleased to present this excellent opportunity to purchase a fee-simple Esporta Fitness in Brandon, FL. The tenant executed an early 15 Year lease extension and underwent a substantial remodel in 2017. This freestanding prototype facility on its own 4.20 Acre parcel features a rare NNN lease with structured increases through the initial term and at each option to renew. The property is adjacent to Costco and has 4,931+ apartments nearby. Located just off Interstate 75 and Causeway Blvd, with over 142,643+ combined traffic counts and excellent access to Tampa, FL. Situated only 19 miles from Tampa International Airport, welcoming over 22 million travelers annually, and ranking top 3 U.S. airport. Tampa is a top tourist destination with domestic and international visitors drawn to warm blue beaches and nearly 70 miles of barriers islands, in addition to attractions such as Walt Disney World.
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