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VASA Fitness – Aurora, CO

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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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  • Confidentiality and Disclaimer

    The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NNN Fitness and distribution to any other person or entity without the express written consent of NNN Fitness is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NNN Fitness has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. NNN Fitness has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, NNN Fitness has not verified, and will not verify, any of the information contained herein, nor has NNN Fitness conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Mark Thiel

Senior Managing Director Investments

858-373-3206

Email & Bio »

Cory Gross

First Vice President Investments

303-328-2019

Email & Bio »

Gleb Sonkin

Associate

303-328-2065

Email & Bio »

Skylar Cooper

Broker of Record

License: ER. 100080019