Log In/Sign Up
Your email has been sent.
24 Hour Fitness 1265 NW Waterhouse Ave 32,766 SF Retail Building Beaverton, OR 97006 $16,800,000 ($512.73/SF) 9.50% Cap Rate
Investment Highlights
- Top Performing Location Nationwide
- Strong Commitment to Site
- Proximity to Major Employers
- Affluent & Economically Strong Market
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
Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
32,766 SF
Building Class
B
Year Built
2009
Price
$16,800,000
Price Per SF
$512.73
Cap Rate
9.50%
NOI
$1,596,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
3.44 AC
Zoning
OI
Parking
202 Spaces (6.16 Spaces per 1,000 SF Leased)
Frontage
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
24 Hour Fitness began in 1983 as a small fitness club operation and grew into a broad gym chain focused on making exercise accessible across different fitness levels. The company offers strength and cardio equipment, group exercise classes, cycle and studio programming, personal training, and digital workout options through its member app. Its club network remains centered on the United States, with a market presence built around gym memberships, in-club training, and connected fitness services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R2169689 | Improvements Assessment | $0 (2026) |
| Land Assessment | $0 (2026) | Total Assessment | $8,610,630 (2026) |
Property Taxes
Parcel Number
R2169689
Land Assessment
$0 (2026)
Improvements Assessment
$0 (2026)
Total Assessment
$8,610,630 (2026)
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
