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LA Fitness – McDonough, GA

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LA Fitness – McDonough, GA

95 Foster Dr.

McDonough, GA 30253

Price:
$11,034,482
Cap Rate:
7.25%
NOI:
$800,000
Rentable SQFT:
45,000 SF
Year Built:
2007/2023
Lot Size:
6.06 AC
Lease Type:
Absolute NNN
Type of Ownership:
Fee Simple
Status:
Available

Investment Highlights

  • Strong Commitment to Site
  • Rare Absolute NNN Lease
  • Healthy Rent & Upcoming Tenant Renovations
  • Top Performing Health Club Chain
  • Excellent Access & Visibility | Nearby National Tenants

The NNN Fitness Group of Marcus and Millichap is pleased to bring to market this freestanding LA Fitness, just 26 miles outside Atlanta, GA. Featuring a rare absolute NNN lease and a recently executed 10-year lease extension, this property offers a true passive investment with zero Landlord responsibilities. LA Fitness in McDonough, GA benefits from excellent exposure to a combined 183,300 vehicles per day with prominent frontage from Highway 75. Furthermore, the property is located less than 1 mile from Henry Town Center, a 700,000 square-foot center featuring national tenants such as Belk, Super Target, Home Depot, HomeGoods, Marshalls and many more.

 

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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 »

John Leonard

Broker of Record

Lic #: 252904