Net-Leased Fitness
For Sale
Contact for pricing
1969 Portage Trail, Cuyahoga Falls, OH 44223
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$185.56
Days on Market213
Property Features for 1969 Portage Trail
General Information
Standard status
Active
Size
45,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$714,161
Additional Details
Traffic Count
36,300 vehicles/day
Building Details
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Eric Carlton · License #CA 01809955
(949) 724-5561
Source:
Crexi
Added: Feb 4
Changed: Aug 31
Last Checked: Sep 4 at 11:18PM
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
Current Use
Lease Details
36,300 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 44223, OH
18,388
Population
8,846
Households
2.1
Avg Household Size
45
Median Age
47%
College-Educated
97%
High-School Grad
14.8 sq mi
ZIP Area
1,242
Density / Sq Mi
$89,046
Median Household Income
$51,385
Median Earnings
$1,056
Median Rent
$202,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 $8,350,000.
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
