1265 Laurel Tree Ln
Carlsbad, CA 92011
24 Hour Fitness · Office Property For Sale

Single-Tenant, NNN-Leased Office/Retail Investment Opportunity with Long-Term Cash Flow › 100% NNN leased to 24 Hour Fitness Worldwide (Moody’s: B2), the largest privately-owned fitness operator in the world with more than 4.0 million members across 426 clubs. The Property uniquely accommodates both 24 Hour Fitness’ 50,000-SF regional headquarters office and its 35,000-SF retail “Sport Club” under one roof, an advantage that is nearly impossible to reproduce elsewhere. › The Property, built-to-suit for 24 Hour Fitness in 2007, is exceptionally maintained and offers a “main and main” location nearby Carlsbad's high-income Bressi Branch community and above-standard 4.7/1,000-sf parking ratio. › 24 Hour Fitness’s long-term tenancy—since 2007 and through August 2027 for the office lease and August 2032 for the Sports Club lease—provides new ownership the benefits of long-term cash flow stability, strong returns, ease of ownership and expansion potential with an addition of mezzanine space. › Central location along California’s renowned coastline, well-served by a network of intermodal transportation linkages—I-5, SR-78 and I-15, as well as two train stations—to all of Southern California. Adjacent to recently-renovated McClellan Palomar Airport, which has one of the busiest single runway airports in the country, as well as LEGOLAND California theme park.