NNN EoS Fitness in Fern Park, FL

$11,429,000
For sale
14609 Property ID
39,758 SqFt Size

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

  • Address Fern Park, FL
  • Country United States
  • Province/State
  • City/Town
Open on Google Maps

Overview

  • Property ID 14609
  • Price $11,429,000
  • Property Type ,
  • Property status
  • 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)

Contact

Cynthia Hill

Property Agent

Other Properties
Please enter your Name!
Please enter your Phone!
Please enter your valid Email!
Please enter your Message!