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1st Floor - Unit 1
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Retail
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45,966 SF
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$23,197,000 USD
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Unit Size: 45,966 SF
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Condo Use: Retail
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Price: $23,197,000 USD
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Sale Type: Investment
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Price/SF: $504.66 USD
Sale Notes
• Single-Tenant Club Studio
° Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.]
° Rare, Condominium Offering with minimal landlord responsibilities
° 15-year primary term, plus three (3), 5-year options
° 10% rent increases every 5 years, including options
• About Club Studio
° Fitness International’s Highest-End health club offering
° $134 - $249 monthly memberships
° 18 Club Studio locations Open, 21 Coming Soon, & many more in the development pipeline
° Studio Row: Club Studio’s signature boutique classes all centralized under one roof -
» Pilates, HIIT, Cycling, Boxing & Hot Yoga
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