Net-Leased Fitness
1969 Portage Trail Cuyahoga Falls, OH 44223
1969 Portage Trail, Cuyahoga Falls, OH, 44223
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For Sale
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Single-tenant LA Fitness operates a standalone 45,000 SF gym near a signalized intersection with 36,300+ VPD.
Property Size45,000 SF
Price / SF$192.33
Days on Market168
Property Features for 1969 Portage Trail
General Information
- Standard status
- Active
- Size
- 45,000 SF
- Property subtype
- Retail
Listing agency
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed by
Eric Carlton · License #CA 01809955
Source
Crexi
Added: Feb 4 Updated: Jul 22 at 6:15AM Checked: Jul 22 at 6:15AM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This offering features a single-tenant net leased LA Fitness. The property is a standalone fitness facility with 45,000 square feet and is operated by Fitness International, LLC. The lease has 5.9 years remaining in the primary term, followed by three 5-year option periods, with 10% rent increases every option period and potential for percentage rent.
The gym is located near a hard-corner signalized intersection on Portage Trail and State Rd, where traffic is reported at over 36,300 VPD. The surrounding area includes national retailers, including Menards, Acme Fresh Market, Market District Supermarket, Walgreens, McDonald’s, Chipotle, Starbucks, Dunkin’, Taco Bell, Arby’s, and KFC. The asset is also within 35 miles of Cleveland, with a CSA population exceeding 3.6 million.
The gym is located near a hard-corner signalized intersection on Portage Trail and State Rd, where traffic is reported at over 36,300 VPD. The surrounding area includes national retailers, including Menards, Acme Fresh Market, Market District Supermarket, Walgreens, McDonald’s, Chipotle, Starbucks, Dunkin’, Taco Bell, Arby’s, and KFC. The asset is also within 35 miles of Cleveland, with a CSA population exceeding 3.6 million.
Key Highlights
- Single‑tenant net leased LA Fitness (Fitness International, LLC) operates a standalone 45,000 SF gym
- 5.9 years remaining in the primary lease term
- Three 5‑year option periods with 10% rent increases every option period
Property Analytics
Location Intelligence
Current Use by Public Records
Esporta Fitness
Gym & Fitness Center
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FAQs
What type of property is this?
Fitness center & gym - Single-tenant LA Fitness operates a standalone 45,000 SF gym near a signalized intersection with 36,300+ VPD.
Where is this fitness center & gym located?
The property is located at 1969 Portage Trail Cuyahoga Falls, OH.
What is the asking price?
The asking price for this property is $8,655,000.
What are key features of this property?
This property features: Single‑tenant net leased LA Fitness (Fitness International, LLC) operates a standalone 45,000 SF gym; 5.9 years remaining in the primary lease term; Three 5‑year option periods with 10% rent increases every option period