Tenant Description
LA Fitness is a chain of health clubs. LA Fitness started as a single gym in Southern California, in 1984. Today they have over 690 locations in 32 states and Canada. LA Fitness offers members weights and cardio equipment in addition to group fitness classes. Locations will often have pools, saunas, basketball courts, and personal trainers available for members as well. LA Fitness is owned by two private equity firms: Seidler Equity Partners and Madison Dearborn Partners.
What To Look For When Buying An LA Fitness
Large format, hard to re-tenant
Higher price points
What We Like About LA Fitness
Long leases
Daily draw for people, elevating the property values around it
Strong increases during the primary term
Competition
What Is Sold In An LA Fitness
Fitness Services
LA Fitness Website
https://www.lafitness.com/Pages/Default.aspx
Corporate Office Location
2600 Michelson Drive #300 – Irvine, CA 92612
Fast Facts
Most LA Fitness have full length basketball courts
