Your email has been sent.
3550 S Clark St - Club Studio 45,966 SF Retail Condo Unit Offered at $32,094,210 CAD in Arlington, VA 22202
Investment Highlights
- Rare, Club Studio
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | 1031 Exchange |
| Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| Sale Conditions | 1031 Exchange |
- Single-Tenant Club Studio
° Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.]
° Rare, Condominium Offering with minimal landlord responsibilities
° 15-year primary term, plus three (3), 5-year options
° 10% rent increases every 5 years, including options
About Club Studio
° Fitness International’s Highest-End health club offering
° $134 - $249 monthly memberships
° 18 Club Studio locations Open, 21 Coming Soon, & many more in the development pipeline
° Studio Row: Club Studio’s signature boutique classes all centralized under one roof -
» Pilates, HIIT, Cycling, Boxing & Hot Yoga
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 45,966 SF | Retail | $32,094,210 CAD ($698.22 CAD/SF) | $1,925,652.63 CAD |
Unit 1
| Unit Size |
| 45,966 SF |
| Condo Use |
| Retail |
| Price |
| $32,094,210 CAD ($698.22 CAD/SF) |
| NOI |
| $1,925,652.63 CAD |
Unit 1
| Unit Size | 45,966 SF |
| Condo Use | Retail |
| Price | $32,094,210 CAD ($698.22 CAD/SF) |
| NOI | $1,925,652.63 CAD |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| Sale Conditions | 1031 Exchange |
| Sale Notes | |
| <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> Single-Tenant Club Studio<br> ° Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.]<br> ° Rare, Condominium Offering with minimal landlord responsibilities<br> ° 15-year primary term, plus three (3), 5-year options<br> ° 10% rent increases every 5 years, including options<br> About Club Studio<br> ° Fitness International’s Highest-End health club offering<br> ° $134 - $249 monthly memberships<br> ° 18 Club Studio locations Open, 21 Coming Soon, & many more in the development pipeline<br> ° Studio Row: Club Studio’s signature boutique classes all centralized under one roof -<br> » Pilates, HIIT, Cycling, Boxing & Hot Yoga</li></ul> |
Property Facts
Amenities
- Commuter Rail
- Day Care
- Fitness Center
- Signage
- Bicycle Storage
- Secure Storage
- Shower Facilities
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
NNN Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Club Studio |
-
|
Jan 0000
|
| Bright Horizons |
-
|
Jan 0000
|
Presented by
Company Not Provided
3550 S Clark St - Club Studio
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.