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viewer

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dealPage_DealFooterForCustomDesignViewer

dealPage_DealBodyViewer

dealPage3_DealPage3Viewer

teaserDealPage_TeaserDealPage_Viewer

content

wrapper_Content

deal

type

dealName

dealHeadline

filesUrl

viewerIsEditor

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files

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dealPage_DealFooterForCustomDesign

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vdrTable_VdrTableDeal

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actor

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dealTypes

highlightedEconomics

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addresses

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shouldSpotlightDealUser

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financedLpjvEquityMillions

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financedPermanentLoanPercent

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inquiries

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<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Westminster, CO 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Lafayette, IN 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 New Berlin, WI 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Oklahoma City, OK 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Orlando, FL 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Taylorsville, UT 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Fresno, CA 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Fort Washington, PA 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Beaverton, OR 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Ocoee, FL 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Broadview, IL 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 Boynton Beach, FL 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F637df097-d682-43eb-8ae2-a2165d3ec388%2F32f0b48f-d281-453e-bd22-21a80222248b" onerror="this.style.display='none'" alt="STNL Health Club Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 STNL Health Club Portfolio
 
 West Orange, NJ 
 By Marcus &amp; Millichap

 <a href="/user/84499e68-9703-4811-ab48-9119980bc9e7" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Mark Thiel</a>
 
 Senior Managing Director
 
 
 <a href="tel:(858) 373-3206" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(858) 373-3206</a>
 

 <a href="https://platform.reverecre.com/project/637df097-d682-43eb-8ae2-a2165d3ec388" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Senior Managing Director

First Vice President Investments

Broker of Record

Florida Broker of Record

Designated Managing Broker

Health Clubs led all retailers in YOY growth in both visits and average visits per location in Q4 2024.

Health & Wellness Reatilers led all retail categories in YOY Sales Q1 2025.

North American Health & Fitness Market is expected to grow north of $100 Billion by 2030 representing an 8%+ CAGR.

INVESTMENT CONTACTS

The STNL Health Club Portfolio feature’s locations leased to 24 Hour Fitness, LA Fitness, Crunch Fitness, and VASA Fitness, spanning strong national markets.

With cap rates from 7.00% to 9.00% and availability individually or as a package, the portfolio offers flexible opportunities to align with different investment strategies. Backed by a sector that continues to lead all retailers in both sales growth and visitation trends, these assets are positioned for long-term stability.

Mark Thiel specializes in the acquisition and disposition of net-leased investments and retail shopping centers throughout the United States. Mark is the founder and creator of NNN Fitness, the market leader in the sale of big box health club properties nationwide. Throughout his career, Mark has closed more than $2 Billion in transaction volume and over five million square feet of retail investment properties across 40+ states.

Mark serves as a Senior Director of both the National Retail Group and the Net-Leased Properties Group at Marcus & Millichap where he has ranked among the Top 10 retail and net-lease agents since 2010. With access to the industry's largest and most powerful sales platform, Mark provides his clients with unsurpassed market knowledge and advisory services.

Mark grew up in Lake Tahoe California as an avid outdoorsman and highly competitive multi-sport athlete. A graduate of University of California Santa Barbara, Mark holds a bachelor’s degree in Business & Economics. Mark later went on to study International Economics at Lund University in Sweden. Mark is involved with well-respected organizations such as the International Council of Shopping Centers (ICSC), the Chancellor’s Council at UCSB and the Surfrider Foundation’s San Diego Chapter.

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