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TENANTS

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LA FITNESS

La Fitness is a privately owned American health club chain with over 800 clubs across de United States and Canada, making it the largest gym chain of the country. 

The company was formed in 1984 and is based in Irvine, California. In 1995, LA Fitness designed and built a new multipurpose sports and fitness club that became known as the company´s “Signatured Model” at the time. 

• In 2000, the company acquired the largest health club chain in Atlanta and replaced its 25 units with 14 larger prototype clubs. In 2007, the company expanded outside of the country and acquired six fitness clubs in Toronto, Canada.

The Largest acquisition to date took place in 2011 when LA Fitness purchased 171 clubs from its competitor, Bally Total fitness. Then in 2012, they purchased 33 Lifestyle Family Fitness clubs in Florida, and in 2013 the company acquired 10 Vision Quest Sport and Fitness clubs in Seattle, Washington. 

 

Recently renovated. Long term lease - 15 years (expires in 2035), with rent increases every five years. 

 

Full renovation to take place in 2021. 

 

LA Fitness operates on a NNN structure. 

 

Corporate guaranty from Fitness International. 

SITEPLAN

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