Health Club For Sale • 57,963 SF
| 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 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 24 Hour Fitness |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Harry Reid International | 58 min | - | 22.2 mi |
| Boulder City Municipal | 47 min | - | 35.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 218 |
| Type: | Surface |
| Included in Rent: | Yes |