NNN EoS Fitness in Fern Park, FL
Description
This NNN EoS Fitness investment is located in Fern Park, Florida and offers the opportunity to acquire a fee simple interest in a large-format fitness center leased to a nationally expanding brand. The property features a long-term NNN lease with more than 13 years remaining, supported by a corporate guarantee and multiple renewal options. Scheduled 10% rent increases every five years provide predictable NOI growth and inflation protection, while landlord responsibilities remain limited, making this an attractive low-management investment.
EoS Fitness is a rapidly growing fitness concept with a broad and expanding footprint across multiple U.S. markets. The tenant’s long-term commitment to the site is reinforced by a recently completed renovation and a lease structure designed to support sustained operations. The combination of strong tenant credit, long remaining lease term, and built-in rent escalations positions this asset as a stable, income-producing investment suitable for passive ownership.
The property is strategically positioned within a dense and highly trafficked retail corridor, benefiting from excellent visibility, strong accessibility, and exceptional surrounding tenant synergy. The immediate area is anchored by numerous national and credit tenants, a major regional hospital, residential communities, and nearby schools, all of which drive consistent daily traffic. The surrounding trade area is supported by a large population base, strong employment levels, and affluent household incomes, enhancing long-term demand for health and fitness services in Fern Park.
Investment Highlights
- 13+ Years Remaining: Long-term lease with scheduled rent increases
- NNN Lease Structure: Limited landlord responsibilities
- Fee Simple Ownership: Land and building ownership
- Strong Tenant Credit: Corporate guarantee from a growing national brand
- Recently Renovated: Modernized facility supporting long-term use
- Dense Retail Corridor: Surrounded by national and credit tenants
- High Traffic Location: Excellent visibility and access
- Strong Demographics: Large population base and six-figure average household incomes
Address
Overview
- Property ID 14609
- Price $11,429,000
- Property Type Business, Retail
- Property status For sale
- Year Built 1987
- Size 39,758 SqFt
- Sub Type Storefront, Fitness Center
- Investment Type Net Lease
- Lease Type NNN
- Tenant Credit Credit Rated, Corporate Guarantee
- Tenancy Single
- Brand/Tenant EoS Fitness
- Lease Term 15 years
- Lease Commencement 05/01/2024
- Lease Expiration 04/30/2039
- Remaining Term 13.3 years
- Cap Rate 7.00%
- NOI $800,000
- Year Renovated 2024
- Zoning General Commercial
- Lot Size (acres) 1.72
- Parking (spaces) 495
- Rent Bumps 10% every 5 years
- Lease Options 3 (5-Year)
- Ownership Fee Simple (Land & Building Ownership)
