1757 Business Center Dr
Reston, VA 20190
Life Time Fitness: Reston, VA · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer the opportunity to acquire a 114,441-square-foot freestanding Life Time Fitness situated on 11.09 acres in Reston, Virginia. Built in 2013, Life Time' s 20-year absolute NNN lease has 18.25 years of primary term remaining with 10% rent increases every 5 years. The property is strategically situated approximately 1.0 miles north of the Dulles Toll Road (Traffic Count: 138,000 VPD), which is one of the area' s primary east-west arteries and connects Washington, DC (20 miles east) with the rapidly-growing suburban communities of Loudoun and Fairfax counties. The newly-constructed Wiehle-Reston East Metrorail Station is also less than 1.0 miles from the site and has spurred the addition of multiple mixed-use and multifamily developments in the immediate vicinity, including the 484-unite BLVD | Reston high-rise apartments (part of the 1.2-million-square-foot Reston Station development) and the 421-unit Aperture Apartments (currently under construction). Life Time is also located within one of the premier office markets in Northern Virginia, with more than 22 MSF of office space within a 3-mile radius of the site. The submarket is further aided by a strong transportation network (the Metrorail Silver Line runs concurrently with the Dulles Toll Road through Reston), proximity to Washington Dulles International Airport (8 miles west of the site), and the numerous amenities offered by Reston Town Center, which is one of the nation' s premier mixed-use developments, featuring more than 3 MSF of commercial space across 140 acres.484-unite BLVD | Reston high-rise apartments (part of the 1.2-million-square-foot Reston Station development) and the 421-unit Aperture Apartments (currently under construction).