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Executive Summary

Villa Sport Fitness Center is the premier fitness facility in South East Boise and the surrounding area. The Parkcenter Axiom is the leading performing gym in the entire Treasure Valley market.
• Building Size: 49,546 SF | Land Size 4.036 AC
• Year Built: 2004
• Zoning: L-OD
• NOI: $1,094,055
• Cap Rate: 7%
Lease Terms:
• 15-year NNN lease
• Expires September 2036
• 3, 5-year options to renew
• 2% annual increases
Owner Financing Option (Subject to Approval)
• 25-30% Downpayment
• 6-7% Interest Rate
• 5-7 Year Term
• 20-25 Year Amortization

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
49,546 SF
Building Class
B
Year Built
2004
Price
$21,408,567 CAD
Price Per SF
$432.09 CAD
Cap Rate
7%
NOI
$1,498,538 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
4.03 AC
Zoning
LOD - Conditional Use
Parking
220 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
336’ on Parkcenter Blvd

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Information
  • -
  • -
  • Triple Net
  • Sep 2034

Serving resellers, VARs and their end users since 1995, Axiom is the fastest growing memory, storage, and fiber-optic connectivity upgrade provider in the corporate, SMB, and government markets. Offering a risk-free alternative to OEM upgrades, Axiom products are guaranteed compatible and will never void your warranty or service level agreements. Axiom is proud to deliver cost-savings with confidence by adhering to the highest standards in design, manufacturing and testing, carrying a comprehensive, up-to-date product line, and supporting our customers with top-notch personal service.

  • Services
  • -
  • -
  • -
  • -

Palm Beach Tan started in 1990 and has grown into a major player in the indoor tanning industry. The company began franchising in 1998 and now operates numerous locations nationwide. Services include traditional UV tanning beds, spray tanning options, and various wellness services such as infrared saunas and red light therapy. Palm Beach Tan also sells its own line of skincare products. The company has expanded its beauty and wellness offerings in recent years while maintaining its core tanning services.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Information - - Triple Net Sep 2034
Services - - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Nearby Major Retailers

Orangetheory Fitness
KeyBank
U.S. Bank
Chase Bank
Albertsons
CrossFit
Starbucks
Fitness Together
Smoky Mountain Pizzeria Grill
Yoga Six

Property Taxes

Property Taxes

Parcel Number
R1386800152
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,184,493 CAD
  • Listing ID: 37254115

  • Date on Market: 2025-08-13

  • Last Updated:

  • Address: 801 E Parkcenter Blvd, Boise, ID 83706

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