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Executive Summary

See offering memorandum attached. Call/email/text for more info.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
27,797 SF
Building Class
B
Year Built/Renovated
2018/2019
Price
$16,747,448 CAD
Price Per SF
$602.49 CAD
Cap Rate
6.88%
NOI
$1,152,080 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.32 AC
Zoning
R3-2, C2-3
Frontage
102’ on Springfield Blvd.

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Gersh Academy
  • Administrative and Support Services
  • -
  • $63.07 CAD
  • Modified Gross
  • -
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • -

Retro Fitness began in 2006 in New Jersey and has grown into a high-value, low-price fitness franchise with numerous clubs open or in development. Retro Fitness centers on gym memberships and exercise services, including cardio and strength equipment, personal training, group classes, and wellness resources. Retro Fitness also extends beyond the gym floor with corporate wellness programs and member amenities such as smoothie bars and recovery-focused spaces. The company positions its model around accessible fitness, community, and a broad mix of health and wellness services.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Gersh Academy Administrative and Support Services - $63.07 CAD Modified Gross -
Arts, Entertainment, and Recreation - - - -
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of America
Chase Bank
Pret A Manger
Compare Foods
CTown
Key Food
Td Bank
Golden Krust Caribbean Restaurants
Wells Fargo Home Mortgage
Citibank

Property Taxes

Property Taxes

Parcel Number
11231-0246
Land Assessment
$754,045 CAD
Improvements Assessment
$2,253,911 CAD
Total Assessment
$3,007,956 CAD
  • Listing ID: 41568142

  • Date on Market: 2026-08-05

  • Last Updated:

  • Address: 113-05 Springfield Blvd, Queens Village, NY 11429

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