SAGE GROUSE WAY Kalispell MT 59901

Macek Companies, Inc. and SRS National Net Lease Group are pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, brand new construction, World Gym investment property located in Kalispell, MT. The tenant, Glacier Fitness and Wellness dba World Gym., recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features rare 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive, out-of-state investor. The building was just recently built using high quality materials used, and held its grand opening in January 2020.

World Gym is located along East Swift Creek Way, near the intersection of US Highway 65, the primary north/south thoroughfare traveling through the city of Kalispell. The brand new facility will serve as the only fitness center within 7 miles, allowing it to benefit from extremely limited competition. Moreover, the site is situated next to Silverbrook Estates, a housing development featuring 305 new homes, and adjacent to a planned 220+ unit multi-family housing development, providing a direct consumer base from which to draw. E. Swift Creek Way has a pathway leading directly into the community, creating easy access for surrounding residents. Nearby national/credit tenants include Walmart Supercenter, Target, Costco, Lowe’s, The Home Depot, Cabela’s, and more. This site will be able to draw from a wide consumer base of more than 104,000 residents throughout the Kalispell Micropolitan Statistical Area. World Gym will be positioned just 9 miles from the city of Whitefish, a major tourism town featuring ski resorts, Whitefish Lake, and more, further increasing consumer draw to the wider trade area. Specifically, the 1-mile trade area is supported by an affluent population boasting an affluent average household income of $114,000.

• Brand New Construction | 15-Year Lease | Options to Extend | Rare Rental Increases
• Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
• Hard Corner Intersection | Near Major Thoroughfare | Silverbrook Estates (305 Units) | Adjacent Development
• Limited Competition | Wide Consumer Draw | Affluent 1-Mile Incomes