LA Fitness | Bartlett, TN — Sale in Bartlett, TN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Bartlett, TN 38134
Photos
Investment Figures
- Cap rate
- 8.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant LA Fitness located in Bartlett, Tennessee. The 34,120-square-foot fitness facility is leased to Fitness International, LLC, the parent company of LA Fitness, under a long-term NN lease with more than seven years of remaining term. The offering provides investors with stable cash flow at an 8.25% cap rate, supported by a corporate-backed tenant with an S&P B/Positive rating and contractual 10% rent increases every five years throughout the lease term. Positioned along Stage Road (US-64), one of Bartlett's primary commercial corridors with approximately 31,940 vehicles per day, the property benefits from excellent visibility and convenient access within a dense retail trade area. The site is surrounded by nationally recognized retailers including Walmart Supercenter, Kroger, Burlington, Kohl's, Chick-fil-A, CVS, Five Below, Applebee's, and numerous other destination-oriented retailers that drive consistent consumer traffic. Investment Highlights: • Modern Construction with Long-Term Commitment • Corporate-Backed Security • Positioned within Dominant Retail Corridor • Strong Visibility Along Stage Road (US-64)
Market Context
This retail in Bartlett, TN is listed for sale. It is offered at an approximate 8.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Bartlett, TN — view the full market.
Contact
- Mark Thiel · (858) 373-3206 · mark.thiel@marcusmillichap.com
- Jake Bordelon · (858) 373-3133 · jake.bordelon@marcusmillichap.com
- Jody Mckibben · (615) 997-2800
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
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