Freestanding Fitness Center
1757 Business Center Dr Reston, VA 20190
1757 Business Center Dr, Reston, VA, 20190
Contact for pricing
For Sale
Contact for pricing
Pending
Corporate-guaranteed, absolute NNN freestanding Life Time Fitness property with long-term lease featuring periodic rent increases.
Property Size114,441 SF
Lot Size11.10 Acres
Days on Market103
Property Features for 1757 Business Center Dr
General Information
- Standard status
- Pending
- Size
- 114,441 SF
- Lot size
- 11.10 Acres
- Property subtype
- Special Purpose
Listing agency
SRS Real Estate Partners McLean
(480) 221-4221
Listed by
Andrew Fallon · License #PA RSR006585
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 8:36AM Checked: Jul 22 at 8:36AM
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 SRS Real Estate Partners McLean
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple interest in an absolute NNN, corporate guaranteed, freestanding Life Time Fitness investment property. The tenant, Healthy Way of Life II, LLC, has approximately 20 years remaining in the current term, with four (5-year) options to extend, reflecting a long-term commitment to the site. The lease structure includes 10% rental increases every five years during the initial term, and each option period includes a rental increase equal to the greater of the previous period’s rent or Fair Market Value. The property is described as absolute NNN with zero landlord responsibilities.
Life Time Reston opened in September 2013. The site includes a 114,441 SF building and 11.10 acres of land, with parking for more than 559 vehicles. The property is located just off State Highway 675 (25,000 VPD) and provides direct on/off ramp access to State Highway 267 (108,000 VPD). Less than 1 mile east is Plaza America, a 168,000 SF community center with tenants including Whole Foods, Total Wine, Michaels and CVS.
The offering is positioned in a dense infill trade area supported by substantial residential and employment activity, with additional nearby national and credit tenants listed in the remarks.
Life Time Reston opened in September 2013. The site includes a 114,441 SF building and 11.10 acres of land, with parking for more than 559 vehicles. The property is located just off State Highway 675 (25,000 VPD) and provides direct on/off ramp access to State Highway 267 (108,000 VPD). Less than 1 mile east is Plaza America, a 168,000 SF community center with tenants including Whole Foods, Total Wine, Michaels and CVS.
The offering is positioned in a dense infill trade area supported by substantial residential and employment activity, with additional nearby national and credit tenants listed in the remarks.
Key Highlights
- Fee simple (land & building) ownership of a freestanding Life Time Fitness with absolute NNN lease and zero landlord responsibilities
- Corporate‑guaranteed lease with Healthy Way of Life II, LLC and approximately 20 years remaining plus four 5‑year extension options
- Rent increases by 10% every 5 years during the initial term to support growing NOI and inflation hedge
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- Kamp Pendleton Personal Training — 10780 Parkridge Blvd, Reston, VA 20191
- yoga — 11130 Sunrise Valley Dr #150, Reston, VA 20191, United States
- Bradley Baseball Academia — 11440 Commerce Park Dr LL-1, Reston, VA 20191
- Frominfertilitytodelivery — 1801 robert fulton dr #230, reston, va 20191
- KAMLife Fitness — 10780 Parkridge Blvd Building #5, Reston, VA 20191
FAQs
What type of property is this?
Fitness center & gym - Corporate-guaranteed, absolute NNN freestanding Life Time Fitness property with long-term lease featuring periodic rent increases.
Where is this fitness center & gym located?
The property is located at 1757 Business Center Dr Reston, VA.
What are key features of this property?
This property features: Fee simple (land & building) ownership of a freestanding Life Time Fitness with absolute NNN lease and zero landlord responsibilities; Corporate‑guaranteed lease with Healthy Way of Life II, LLC and approximately 20 years remaining plus four 5‑year extension options; Rent increases by 10% every 5 years during the initial term to support growing NOI and inflation hedge
