Esporta Fitness | 11yrs Remaining Corp NN 200 S US Highway 17-92

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, corporate guaranteed, Esporta Fitness (LA Fitness) investment property located in Longwood, Florida. The tenant, Fitness International, LLC, has 11-years remaining on its lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features $1.50 PSF rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, minimal-management investment opportunity for a passive investor. Founded in 1984, LA Fitness is one of the largest health club brands in the country with 700+ locations, many of which have been converted into Esporta clubs, an affordable alternative catering to larger potential consumer bases.