Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 District Blvd East Jackson, MS 39211

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $33 SF/Yr

    3,140 SF former Orangetheory Fitness studio for lease.

    Building Details

    Year built
    2017

    We can help!

    Listing Contact
    Austin Brown
    Austin Brown
    Source: Naiglobal

    Listing Agency: NAI UCR Properties Listing Agent: Austin Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Former Fitness Studio at District

    A ±3,140 SF former Orangetheory Fitness studio is available for lease at The District at Eastover in Jackson, Mississippi. The property is located within a 21-acre mixed-use development. The space is positioned alongside dining, retail, office, and residential offerings. The District at Eastover is a 585,000 SF lifestyle destination and central gathering spot in Jackson. The property benefits from visibility in a high-traffic, mixed-use environment. Located just off I-55 and minutes from Downtown, Fondren, and Belhaven, the site is surrounded by established neighborhoods, major medical and educational institutions, and a daytime professional population. The District’s walkable layout and tenant mix draw residents, office users, students, and visitors to the property. The previous use was Orangetheory Fitness, offering potential for fitness, health and wellness, or adaptive reuse. The property has visibility along the main pedestrian corridor with signage and storefront presence. Surrounding tenants include Cultivation Food Hall, BankPlus, Fine & Dandy, Sal & Mookie’s, and The District Lofts. Shared surface parking is available.
    Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Field 11, JAXON ELITE Training & Fitness, Jackson Roller Derby, Mississippi Basketball & Athletics

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Rankin
    State
    Mississippi
    Longitude
    -90.1237
    Latitude
    32.3702

    Nearby Similar for Lease

    • $495 /Mo
      1,250 SF

      Renovated Office Space in Jackson

      Flexible office suites available for lease in North Jackson.
      360 Comet Dr, Jackson, MS 39206
      View Details
    • $1,475 /Mo
      3,760 SF

      Updated Office Space For Rent

      Modern office space with three offices, kitchenette, and bathroom.
      1500 Jacksonian Plz, Jackson, MS 39211
      View Details
    • $2,389 /Mo
      2,048 SF

      Downtown Jackson Office/Creative Space

      Versatile office/creative space in Jackson's historic Spengler's Corner District.
      109 N State St, Jackson, MS 39201
      View Details
    • $2,153 /Mo
      1,845 SF

      Historic Spengler's Corner Creative Space

      Versatile office/creative space in Jackson's historic Spengler's Corner District.
      117 N State St, Jackson, MS 39201
      View Details
    • $1,679 /Mo
      1,591 SF

      Retail Space with I-55 Signage

      Retail space with high I-55 traffic count available for lease.
      5760 Interstate 55, Jackson, MS 39211
      View Details
    • $1,750 /Mo
      2,600 SF

      Downtown Jackson Mixed-Use Building

      Historic building in revitalizing downtown area, ideal for various uses.
      529 S Commerce St, Jackson, MS 39211
      View Details
    • $3,350 /Mo
      5,000 SF

      Historic Downtown Mixed-Use Building

      Perfectly located in vibrant downtown Jackson, near dining and entertainment.
      529 S Commerce St, Jackson, MS 39211
      View Details
    • $1,600 /Mo
      2,400 SF

      Historic Downtown Mixed-Use Building

      Combination of warehouse, office, and retail spaces available for rent.
      529 S Commerce St, Jackson, MS 39211
      View Details
    • $6,488 /Mo
      8,651 SF

      High-Visibility Commercial Property in Jackson, MS

      Highly visible commercial property in North Jackson's Woodrow Wilson retail corridor.
      320 W Woodrow Wilson Ave, Jackson, MS 39213
      View Details
    • New
      $1,335 /Mo
      801 SF

      Office Space in Riverhill Tower

      Convenient Jackson location with utilities and janitorial included.
      1675 Lakeland Dr, Jackson, MS 39216
      View Details
    • $5,250 /Mo
      19,000 SF

      Distribution Center in Jackson, MS

      Large distribution center with showroom, offices, and warehouse space.
      755 E Mcdowell Rd, Jackson, MS 39204
      View Details
    • New
      $1,238 /Mo
      743 SF

      Fondren District Office Opportunity

      Centrally located office space in Jackson's vibrant Fondren District.
      3000 Old Canton Rd Lot, Jackson, MS 39216
      View Details

    FAQs

    What type of property is this?
    Fitness center & gym - 3,140 SF former Orangetheory Fitness studio for lease.
    Where is this fitness center & gym located?
    The property is located at 120 District Blvd East Jackson, MS.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: - Located in The District at Eastover, a premier 585,000 SF mixed-use lifestyle destination.; - High-visibility location along the main pedestrian corridor.; - Former Orangetheory Fitness studio, offering turnkey potential for fitness, health & wellness, or adaptive reuse.
    (601) 201-8883
    Request Owner's contact information
    120 District Blvd East Jackson, MS 39211
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 District Blvd East
    Jackson, MS 39211
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 District Blvd East Jackson, MS 39211
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Austin Brown
    Austin Brown
    (601) 201-8883 (601) 981-6800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!