4106 S Western Ave Oklahoma City, OK 73109

Building Details

Year Built

2019

Listing Agency Marcus & Millichap - San Diego m***@marcusmillichap.com Show Phone

Listed by Mark Thiel · License #CA 01469342

Source Crexi

Added: May 7, 2024 Checked: May 12 at 10:54 pm

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Investment Insights

Based on property information with market context.

This single-tenant VASA Fitness property is located in Oklahoma City, OK. The lease has over 10 years remaining, with three 5-year options to renew. The location benefits from high foot traffic, ranking in the top 6% of health clubs nationwide and as the #7 fitness center in the Oklahoma City MSA, according to Placer.ai foot traffic data. The property is situated across the street from the 31-acre INTEGRIS Southwest Medical Center and adjacent to the #1 Walmart Neighborhood Market in Oklahoma, at the intersection of S Western Ave and SW 44th St, which sees a combined vehicle count of 33,550 per day. VASA Fitness has a strong presence in Oklahoma City, with 1.37 million annual customer visits to the two highest-grossing gyms in the market. The property is positioned to capture a customer base, as there are no other health clubs larger than 25,000 square feet within 5 miles south of the Oklahoma River. The property size is 50,326 square feet. Oklahoma City has a Moody's rating of Aaa, reflecting the city’s large and stable economy.

Key Highlights

• Over 10 years remaining on a single‑tenant VASA Fitness lease with (3) 5‑year options to renew.
• Top 6% of health clubs nationwide in foot traffic, ranking #7 in the Oklahoma City MSA (Placer.ai).
• Located across from INTEGRIS Southwest Medical Center and adjacent to the #1 Walmart Neighborhood Market in Oklahoma.

Property Analytics

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Similar Off Market Nearby

• Charmi Fitness Studio — 2700 S Walker Ave, Oklahoma City, OK 73109
• Malandrin Boxing — 3019 S Robinson Ave, Oklahoma City, OK 73109
• Rival Boxing Gym — S Hudson Ave, Oklahoma City, OK 73109
• Tecknical Foul Sports LLC — 3400 S Robinson Ave #6818, Oklahoma City, OK 73109, United States
• Yu'ki MMA — 3521 S Robinson Ave, Oklahoma City, OK 73109

FAQs

What type of property is this?

Fitness center & gym - Single-tenant VASA Fitness with over 10 years remaining on lease.

Where is this fitness center & gym located?

The property is located at 4106 S Western Ave Oklahoma City, OK.

What is the asking price?

The asking price for this property is $8,320,786.

What are key features of this property?

This property features: Over 10 years remaining on a single‑tenant VASA Fitness lease with (3) 5‑year options to renew.; Top 6% of health clubs nationwide in foot traffic, ranking #7 in the Oklahoma City MSA (Placer.ai).; Located across from INTEGRIS Southwest Medical Center and adjacent to the #1 Walmart Neighborhood Market in Oklahoma.