Health Clubs
VASA Fitness – Aurora, CO
Health Clubs Offerings
VASA Fitness – Aurora, CO
15200 E Colfax Avenue
Aurora, CO 80011
- Price:
- $11,111,111
- Cap Rate:
- 6.75%
- NOI:
- $750,000
- Rentable SQFT:
- 56,028 SF
- Year Built:
- 1974 / 1990 / 2019
- Lot Size:
- 4.50 Acres
- Lease Type:
- NNN**
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- $4M+ In Tenant Improvements
- Corporate Guarantee From VASA Fitness, LLC – 45+ Gyms In 8 States
- 6700+ Memberships At This Location
- Major Intersection Of Colfax & Chambers – 58,990 VPD
- Tremendous Demographics – Population Of 369,638 Within 5-Mile Radius
- Benefits From Close Proximity To The 578 Acre Anschutz Medical Center “Mayo Clinic Of The West” Which Treats More Than 2 Million Adults And Children A Year, With More Than $500M In Research Rewards
- Prime Location Right Off I-225, One Of Two Auxiliary Interstate Highways In The State Of Colorado
- Low Cost/High Value Leader – VASA Is Expected To Recover Quickly Following The Pandemic As It Has A Lean Business Model Well Positioned For Future Growth. The High-End Fitness Brands Will Suffer During Economic Downturns When Discretionary Spending Is Cut. VASA Is Expected To Gain Market Share From Financially Struggling Fitness Chains That Are At Risk.
- Located 1.5 miles to the east of the VASA Fitness at Colfax and Chambers, Buckley Air Force Base is assigned to Space Operations Command (formerly the Fourteenth Air Force) and serves more than 92,000 active duty, National Guard, Reserve and retired personnel throughout the Front Range community.
*6 Months Free Rent – Seller to credit Buyer from COE until expiration of Free Rent Period.
**Seller (adjacent owner/declarant) will take on all responsibility for CAM management, Roof, Structure, Parking Lot, etc.
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