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2090 Village Center Cir
Las Vegas, NV 89134 Summerlin

$18,000,000 USD

Health Club For Sale  •  57,963 SF

Property Details

  • Property Type Health Club
  • Total Building Size 57,963 SF
  • Lot Size 5.97 AC
  • Building Class B
  • Year Built 2003
  • Cap Rate 7.08 %
  • Tenancy Single
  • Zoning P-C
30 Transit Score
60 Walk Score

Highlights

Newly executed 12-year lease extension providing over a decade of stable cash flow
Absolute NNN lease — zero landlord responsibilities, hands-off passive investment
3% rental increases every 3 years acting as a hedge against inflation
$1,500,000 in upcoming tenant improvements cementing long-term commitment
5.97-acre parcel in Summerlin — exceptionally rare land size in this market
Avg household income of $132,806 within 1 mile; 200,000+ Summerlin residents
Cap Rate: 7.08 %

Major Tenants

Tenant SF Occupied Lease End Date
24 Hour Fitness

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Harry Reid International 58 min - 22.2 mi
Boulder City Municipal 47 min - 35.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 218
Type: Surface
Included in Rent: Yes
David Harrington 310-295-1170 Matthews Real Estate Investment Services
David Harrington 310-295-1170 Matthews Real Estate Investment Services