Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1618 HWY 138 SE
CONYERS, GA 30013-1279
Asking Price
$15.84M
Cap Rate
6%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Pure NNN Sale-Leaseback, #1 Health Club Operator <p><strong>• Sale-Leaseback: Single-Tenant LA Fitness ELEVATE</strong></p><p>∘ Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.]</p><p>∘ Rare, Absolute NNN Lease. No landlord responsibilities.</p><p>∘ 15-year Primary Term, plus three (3), 5-year Options</p><p>∘ 8% Rent Increases every 5 years, including Options</p><p></p><p><strong>• About Fitness International, LLC [LA Fitness Parent Company]:</strong></p><p>∘ Parent Company to Club Studio and LA Fitness</p><
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
0.50%
DSCR
0.09
Underwater
Cash-on-Cash
-18.11%
Monthly Payment
$78,377.572
Annual Cash Flow
$-860,530.868
