13019 NE Fourth Plain Boulevard, Vancouver, WA 98682

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.