Single-Tenant NNN Fitness
For Sale
Contact for pricing
13019 NE Fourth Plain Boulevard, Vancouver, WA 98682
NNN-leased Class A fitness center with corporate-guaranteed tenancy and landlord-limited responsibilities tied to major building components.
Property Size45,000 SF
Price / SF$277.78
Days on Market65
Property Features for 13019 NE Fourth Plain Boulevard
General Information
Standard status
Active
Size
45,000 SF
Class
A
Total Parking Spaces
222
Property subtype
Retail, Special Purpose
Zoning
Community Commercial (CC); Vancouver
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$936,000
Building Details
Year Built
2008
Year Renovated
2026
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
NAI Elliott
(206) 650-6006
Listed By:
Gabriel Mabrouk · License #OR 201255266
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 9 at 5:56AM
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 NAI Elliott
Investment Insights
Based on property information with market context.
This offering is a fee simple interest in a NNN-leased, corporate-guaranteed, single-tenant fitness property built for health club use. The tenant operates a purpose-built Class A “Super Sport” facility totaling 45,000 square feet. The lease was affirmatively extended by a Third Amendment in October 2022, and it includes scheduled rent steps and renewal options. Landlord responsibilities are limited to the roof, structure, exterior walls, and HVAC replacement, while the tenant is responsible for taxes, insurance, CAM, day-to-day HVAC maintenance, parking, and landscaping.
The property is located in Vancouver, Washington at 13019 NE Fourth Plain Boulevard. 24 Hour Fitness USA, LLC occupies the site under the current lease structure, which runs with contractual provisions that align rent increases with future milestones. The lease steps up to $78,000 per month in September 2026, coinciding with the anticipated close.
For operators and investors seeking a stabilized, long-term single-tenant fitness exposure, the lease includes three remaining five-year options with a contractual 10% rent increase each. The current enrollment is described as approximately 8,700 active members, and the arrangement is positioned to support continued operational continuity under the existing tenancy terms.
The property is located in Vancouver, Washington at 13019 NE Fourth Plain Boulevard. 24 Hour Fitness USA, LLC occupies the site under the current lease structure, which runs with contractual provisions that align rent increases with future milestones. The lease steps up to $78,000 per month in September 2026, coinciding with the anticipated close.
For operators and investors seeking a stabilized, long-term single-tenant fitness exposure, the lease includes three remaining five-year options with a contractual 10% rent increase each. The current enrollment is described as approximately 8,700 active members, and the arrangement is positioned to support continued operational continuity under the existing tenancy terms.
Key Highlights
- 2008‑built, single‑tenant fitness facility in Vancouver, WA leased to 24 Hour Fitness USA, LLC under a NNN structure
- Tenant occupies a purpose‑built 45,000 SF Class A Super Sport facility
- Lease was affirmatively extended via Third Amendment in October 2022
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98682, WA
65,434
Population
24,288
Households
2.7
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
28.5 sq mi
ZIP Area
2,296
Density / Sq Mi
$95,863
Median Household Income
$48,723
Median Earnings
$1,766
Median Rent
$442,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Fitness center & gym - NNN-leased Class A fitness center with corporate-guaranteed tenancy and landlord-limited responsibilities tied to major building components.
Where is this fitness center & gym located?
The property is located at 13019 NE Fourth Plain Boulevard Vancouver, WA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 2008‑built, single‑tenant fitness facility in Vancouver, WA leased to 24 Hour Fitness USA, LLC under a NNN structure; Tenant occupies a purpose‑built 45,000 SF Class A Super Sport facility; Lease was affirmatively extended via Third Amendment in October 2022
