Fitness Center Absolute Net Lease

5501 Lyons Rd, Coconut Creek, FL 33073

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For Sale

$14,385,250

41,000 sf LA Fitness on a secured lease with initial term extending through January 31, 2037.

Type:Fitness Center

Property size:

41,000 SF

Price / SF:

$350/SF

HighLights

41,000 SF LA Fitness in Coconut Creek, Florida on a secured absolute net lease
Initial lease term extends through January 31, 2037 with over 10 years remaining
Built‑in rent increases every five years equal to the lesser of CPI or 12%
Three additional five‑year renewal options
Backed by Fitness International, LLC (LA Fitness parent) with 728+ locations nationwide and S&P credit rating of B/Positive
Located on Lyons Road in a high‑traffic retail corridor with 120,000+ vehicles per day

We can help!

Contact an agent

Mark Thiel

Learn more

For Sale

$14,385,250

41,000 sf LA Fitness on a secured lease with initial term extending through January 31, 2037.

Type:Fitness Center

Property size:

41,000 SF

Price / SF:

$350/SF

Added:: Jun 28, 2026
Days on Market:: 5
Last Refresh:: Jul 1 at 4:36 am

Property Features for 5501 Lyons Rd

General Information

Standard status: Active
Size: 41,000 SF
Property subtype: Fitness Center

We can help!

Contact an agent

Mark Thiel

Listing office Marcus & Millichap | Dallas

Listing date Jun 28, 2026

Source Marcusmillichap

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

All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap | Dallas

HighLights

41,000 SF LA Fitness in Coconut Creek, Florida on a secured absolute net lease
Initial lease term extends through January 31, 2037 with over 10 years remaining
Built‑in rent increases every five years equal to the lesser of CPI or 12%
Three additional five‑year renewal options
Backed by Fitness International, LLC (LA Fitness parent) with 728+ locations nationwide and S&P credit rating of B/Positive
Located on Lyons Road in a high‑traffic retail corridor with 120,000+ vehicles per day

Overview

The offering is a 41,000-square-foot LA Fitness secured by an absolute net lease. The lease includes built-in rent increases every five years equal to the lesser of CPI or 12%, and it provides three additional five-year renewal options. The initial term runs through January 31, 2037.

The property is positioned along Lyons Road in a high-traffic retail corridor, with visibility supported by traffic counts of over 120,000 vehicles per day. This setting is intended to support consistent neighborhood retail access for fitness users.

The asset is structured for investors seeking long-term, fitness-focused tenancy backed by Fitness International, LLC, the parent company of LA Fitness. The operator has 728+ locations nationwide and, as noted in the remarks, maintains an S&P credit rating of B/Positive. For operators and investors evaluating fitness real estate, the combination of an established national brand, an absolute net lease structure, and a lease horizon extending into 2037 provides a defined hold framework.

Location Intelligence

Current Use by Public Records

Fitness centers & gyms

Suggested Use

Similar Places Nearby

GYM Marisol — 5501 Lyons Rd, Coconut Creek, FL 33073
VicFit4u — 4353 NW 54th St, Coconut Creek, FL 33073
LA Fitness — 5501 Lyons Rd, Coconut Creek, FL 33073
F45 Training Coconut Creek — 5375 Lyons Rd, Coconut Creek, FL 33073
Own It Fitness — 5530 lyons rd #207, coconut creek, fl 33073

Location Insight

Map
Local Demand

City: Coconut Creek
County: Broward
State: Florida
Longitude: -80.1877161
Latitude: 26.2992831

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What type of property is this?

Fitness center & gym - 41,000 sf LA Fitness on a secured lease with initial term extending through January 31, 2037.

Where is this fitness center & gym located?

The property is located at 5501 Lyons Rd Coconut Creek, FL.

What is the asking price?

The asking price for this property is $14,385,250.

What are key features of this property?

This property features: 41,000 SF LA Fitness in Coconut Creek, Florida on a secured absolute net lease; Initial lease term extends through January 31, 2037 with over 10 years remaining; Built‑in rent increases every five years equal to the lesser of CPI or 12%