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Gold's Gym 1250 Auburn Rd 22,200 SF 4-Star Retail Building Dacula, GA 30019 $4,386,800 ($197.60/SF) 8.25% Cap Rate
Investment Highlights
- NNN lease with 2% annual rent increases offering predictable growth.
- Corporate Guaranty from Helix2 Fitness & Spas, Inc., a diversified operator with two Gold’s Gym and eleven Massage Envy locations.
- Affluent trade area with an average household income of $132,659 within a one-mile radius.
- Top 20% performing store Nationwide according to Placer.AI
- Long-term tenant operating history at this location since 2006.
- Strong population base with more than 128,229 residents within a five-mile radius.
Executive Summary
Bellagio Real Estate Partners, LLC in conjunction with Bang Realty, Inc., is pleased to present the opportunity to acquire a long-standing Gold’s Gym located in
Dacula, Georgia, an affluent and rapidly growing suburb of Atlanta. Built in 2006, the 22,200-SF freestanding fitness center has operated continuously since opening
and sits on 3.37 acres with prominent visibility along Route 324 (22,000 AADT) and full access from Jim Moore Road. The property is leased to Helix2 Fitness HM
LLC, guaranteed by Helix2 Fitness & Spas, Inc., a multi-brand operator with two Gold’s Gym locations and eleven Massage Envy centers across the Southeast.
The lease provides a NNN structure, 2% annual rent increases, and a remaining term through April 2028 with one five-year renewal option. The property benefits
from strong demographics, including an average household income of $132,569 and more than 128,000 residents within five miles. The area is supported by
major regional employers such as Delta Air Lines, Northside Hospital, Piedmont Healthcare, and The Home Depot, offering investors a stable, income-producing
asset in a thriving suburban market with exceptional fundamentals and sustained long-term growth.
Dacula, Georgia, an affluent and rapidly growing suburb of Atlanta. Built in 2006, the 22,200-SF freestanding fitness center has operated continuously since opening
and sits on 3.37 acres with prominent visibility along Route 324 (22,000 AADT) and full access from Jim Moore Road. The property is leased to Helix2 Fitness HM
LLC, guaranteed by Helix2 Fitness & Spas, Inc., a multi-brand operator with two Gold’s Gym locations and eleven Massage Envy centers across the Southeast.
The lease provides a NNN structure, 2% annual rent increases, and a remaining term through April 2028 with one five-year renewal option. The property benefits
from strong demographics, including an average household income of $132,569 and more than 128,000 residents within five miles. The area is supported by
major regional employers such as Delta Air Lines, Northside Hospital, Piedmont Healthcare, and The Home Depot, offering investors a stable, income-producing
asset in a thriving suburban market with exceptional fundamentals and sustained long-term growth.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
22,200 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2006
Price
$4,386,800
Price Per SF
$197.60
Cap Rate
8.25%
NOI
$361,910
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
3.37 AC
Zoning
C2 - Commercial
Parking
90 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 2-001E-570 | Improvements Assessment | $856,960 |
| Land Assessment | $440,000 | Total Assessment | $1,296,960 |
Property Taxes
Parcel Number
2-001E-570
Land Assessment
$440,000
Improvements Assessment
$856,960
Total Assessment
$1,296,960
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Gold's Gym | 1250 Auburn Rd
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