Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Life Time Fitness 16851 W 90th St 112,110 SF Retail Building Lenexa, KS 66219 $29,165,000 ($260.15/SF) 7% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Top Luxury Health Club Chain
  • Premier Location in City Center Lenexa
  • Dominant Financial Performance
  • Tremendous Company Growth

EXECUTIVE SUMMARY

Secure a high-performing asset with this fully leased retail property, currently occupied by Life Time Fitness—a nationally recognized health and wellness brand. This investment offers stable income backed by a strong tenant, along with long-term upside in a thriving commercial corridor. With high visibility, strong foot traffic, and a premium tenant in place, this property presents a rare chance to own a turnkey retail investment in a growing market.

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 Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
112,110 SF
Building Class
B
Year Built
2010
Price
$29,165,000
Price Per SF
$260.15
Cap Rate
7%
NOI
$2,041,560
Tenancy
Single
Building Height
2 Stories
Slab To Slab
15’
Building FAR
0.22
Lot Size
11.97 AC
Zoning
CPO - Planned General Office District
Parking
200 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
612’ on Renner Blvd

AMENITIES

  • Pool
  • Signage
  • Wheelchair Accessible

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Life Time has reshaped the way consumers approach their health through omnichannel, healthy way of life communities that address all aspects of healthy living, healthy aging and healthy entertainment. Life Time professionals are dedicated to providing the best programs and experiences at their athletic resort destinations in the United States and Canada, and via a complementary, comprehensive digital platform and portfolio of iconic athletic events – all with the objective of inspiring healthier, happier lives.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Academy Bank
Pure Barre
Club Pilates
Goldfish Swim School
Starbucks
Sprouts Farmers Market
Mod Pizza
Hawaiian Bros Island Grill
Freddy's Frozen Custard & Steakburgers
Capitol Federal Savings Bank
  • Listing ID: 36431765

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 16851 W 90th St, Lenexa, KS 66219

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}