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20841 FL-7Boca Raton, FL 33428
EoS Fitness, Boca Raton FL
Asset ClassRetail
Cap Rate6%
MSA: Miami-Ft LauderdaleYear Built: 2023Access Data Room
EoS Fitness | Boca Raton FL | Rare 20 Year NNN Lease | Ave. HHI $125,258 | Dense Retail Corridor
overview of deal

Overview

The NNN Fitness group of Marcus & Millichap is pleased to present this generational pride-of-ownership EōS Fitness with a new 20-year lease located in Boca Raton, FL. This 41,520 square-foot state-of-the-art facility is to be completed in Summer 2023. Situated on the Southwest corner of Glades Road and State Road 7, the property has excellent visibility to over 100,000+ vehicles per day. The property is positioned in a 100,000 SF power center with co-tenants Burlington Coat Factory and PetsMart, with additional nearby retailers including Publix, Dick’s, The Fresh Market, Home Depot, Best Buy, Toys R US, LA Fitness, DSW, and many more.

 

 

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Investment Highlights

  • Brand New 20 Year NNN Lease
  • Excellent Demographics
  • One of The Fastest Growing Gyms
  • High-Value Low Price Leader

Investment Overview

Deal Points
Price
$18,333,333
Cap Rate
6.00%
NOI
$1,100,000
GLA
41,520 SF
Lot Size
3.36 AC
Year Built
2023
Lease Type
NNN
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20841 FL-7Boca Raton, FL 33428
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Listing provided by Revere CRE