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29644337
29644400

1250 Auburn Rd, Dacula, GA 30019

BB
GA 378952, OH BRK.200900214 (+21)
Bang Realty
BT
IN IL 475128698
Bellagio Real Estate Partners
Listed by Bang Realty, Bellagio Real Estate Partners
$4,386,800
116 days on market
Updated 50 days ago

Gold's Gym | Dacula, GA

Details
Property Type Retail
Sub Type Storefront
Square Footage 22,200
Cap Rate 8.25%
NOI $361,910
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 04/30/2028
Remaining Term 1.9
Rent Bumps Yes
Lease Options One, 5-year option
Price per SqFt $198
Year Built 2006
Buildings 1
Acreage 3.370
Zoning C2
Ground Lease No

Top 20% Gold's Gym Nationwide | 8.25% CAP | 2% Annual Increases | NNN Lease

Marketing description

Bellagio Real Estate Partners, LLC in conjunction with Bang Realty, Inc., is pleased to present the opportunity to acquire a long-standing Gold’s Gym located in Dacula, Georgia, an affluent and rapidly growing suburb of Atlanta. Built in 2006, the 22,200-SF freestanding fitness center has operated continuously since opening and sits on 3.37 acres with prominent visibility along Route 324 (22,000 AADT) and full access from Jim Moore Road. The property is leased to Helix2 Fitness HM LLC, guaranteed by Helix2 Fitness & Spas, Inc., a multi-brand operator with two Gold’s Gym locations and eleven Massage Envy centers across the Southeast. The lease provides a NNN structure, 2% annual rent increases, and a remaining term through April 2028 with one five-year renewal option. The property benefits from strong demographics, including an average household income of $132,569 and more than 128,000 residents within five miles. The area is supported by major regional employers such as Delta Air Lines, Northside Hospital, Piedmont Healthcare, and The Home Depot, offering investors a stable, income-producing asset in a thriving suburban market with exceptional fundamentals and sustained long-term growth.

Investment highlights

  • NNN lease with 2% annual rent increases offering predictable growth.

  • Corporate Guaranty from Helix2 Fitness & Spas, Inc., a diversified operator with two Gold’s Gym and eleven Massage Envy locations.

  • Long-term tenant operating history at this location since 2006.

  • In-place rents below market levels.

  • Top 20% performing store Nationwide according to Placer.AI

  • Positioned just 40 miles northeast of Downtown Atlanta in a rapidly expanding suburban market.

  • Located at the East corner of Route 324 & Jim Moore Rd which gets a combined 28,000 AADT.

  • Benefits from its proximity to Atlanta major employers such as Delta Air Lines, Northside Hospital, and Piedmont Healthcare.

  • Strong population base with more than 128,229 residents within a five-mile radius.

  • Affluent trade area with an average household income of $132,659 within a one-mile radius.

  • Reported Sales and Memberships counts – 14% increase in membership from 1/1/2024 to 1/1/2025.

  • Strong access with entries from both Route 324 (right in/right out) & Jim Moore Rd (left in/left out).

Listing Contacts

BB
GA 378952, OH BRK.200900214 (+21)
Bang Realty
BT
IN IL 475128698
Bellagio Real Estate Partners
Listed by Bang Realty, Bellagio Real Estate Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$361,910.00
$30,159.17/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
ROI

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Additional Information

Name
Brian Brockman
License
378952
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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