Your email has been sent.
LA Fitness | Fort Washington, PA 1175 Virginia Dr 38,509 SF 4-Star Retail Building Fort Washington, PA 19034 $9,264,500 ($240.58/SF) 7.75% Cap Rate
Investment Highlights
- Healthy Rent & Price Point
- Premier Location with Exceptional Access
- Corporate-Backed Security
- Affluent Demographics
Executive Summary
The 38,509 SF facility sits on 6.87 acres with ±200 parking spaces and is corporate leased (NNN) to Fitness International, LLC, the parent company of LA Fitness, a strong corporate guarantor with an S&P B/Stable rating and 728+ locations nationwide. Surrounded by the 6 million SF Fort Washington Office Park and boasting average household incomes exceeding $184,000 within one mile, the property benefits from dense, affluent demographics and strong commuter traffic.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Freeway Visibility
- Pool
- Security System
- Signage
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Arts, Entertainment, and Recreation
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
LA Fitness, founded in 1984 in Covina, California, is a privately held fitness club chain headquartered in Irvine, California. The company operates under its parent entity, Fitness International, and has grown into one of the largest health club operators in North America. LA Fitness provides a wide range of amenities, including group fitness classes, personal training, swimming pools, and specialized workout areas, catering to members of all fitness levels. Over the years, the company has expanded through acquisitions and the development of new locations, maintaining a strong presence across the United States and Canada. In addition to its flagship brand, LA Fitness has introduced and managed other fitness concepts, such as City Sports Club and Club Studio Fitness, to diversify its offerings. The company remains privately owned and continues to adapt its services to meet evolving fitness trends and consumer preferences.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 54-00-16404-255 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $3,682,800 (2025) |
Property Taxes
Presented by
LA Fitness | Fort Washington, PA | 1175 Virginia Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.