850 Goodale Blvd
Columbus, OH 43212
LA Fitness - Grandview Yard · Retail Property For Sale

Dietz Commercial (BOR) and Fortis Net Lease are pleased to exclusively present for sale the LA Fitness located at Grandview Yard in Columbus (Grandview Heights), Ohio. The property was a 20 year build-to-suit originally constructed for Urban Active in 2010 which changed to LA Fitness when they acquired 36 locations from Urban Active in 2012. The property consists of 42,160 square feet in 3 levels (2 story with mezzanine area) and is situated on .759 acres. There are 14 years, 3 months remaining on the lease term with rent escalations every five years throughout the primary term and option periods. Grandview Yard is experiencing an unprecedented flurry of development activity which includes Nationwide Insurance moving employees into 500,000 square feet of Nationwide' s own corporate campus this summer and starting construction on an additional 200,000 sf which will in total office 4,000 employees. The Courtyard by the Marriott and The Grand Event Center recently opened as well as the 4-story, 166-unit third phase of the Apartments at Grandview Yard called The Brooks and construction has started on the Manchester which is an additional 135 apartment units.