24 Hour Fitness 6830 E County Line Rd 45,500 SF Retail Building Highlands Ranch, CO 80126 $21,975,309 ($482.97/SF) 8.10% Cap Rate

Northmarq, as exclusive agent, is proud to offer for sale to qualified investors the rare opportunity to acquire the fee-simple interest in 6830 E. County Line Rd, a 45,500 SF single-tenant health club in Highlands Ranch, CO occupied by one of the premier health clubs in the world, 24 Hour Fitness.
The site was built-to-suit for 24 Hour Fitness in 2010 and the original 20-year lease was extended in 2018 for an additional 5 years, demonstrating the tenant's commitment to the site. With direct visibility to over 180K VPD, an expansive site of over 3 acres that provides abundant parking, and a built-in client base from the surround residences, the site is optimally positioned for this premier health club.
Strategically located in the heart of Highlands Ranch, a 22,000-acre master-planned community that is ~12 miles south of Denver, the site benefits from strong surrounding demographics, an active client base and robust traffic counts in this rapidly growing market. Surrounded by both dense residential areas and major retailers, such as Walmart, Sam's Club, Harbor Freight Tools and Hobby Lobby, the consistent traffic and demand create a strong retail synergy in the area and have helped drive real estate values.