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32315124
32315125

3400 Turgot Lane, Mount Pleasant, SC 29466

LZ
SC 32218
Eaststrock Properties LLC
Listed by Eaststrock Properties LLC
$3,500,000
32 days on market
Updated 26 days ago

3400 Turgot Lane

Details
APN 5980000053
Property Type Special Purpose
Sub Type Recreational
Square Footage 10,400
Acreage 1.640

Special Purpose | 10,400 SqFt

Marketing description

Nestled on a 1.64 acre lot in Mt Pleasant adjacent to the Park West Recreation Fields, 3400 Turgot Lane presents a rare opportunity to purchase a fully leased gym occupied by two Tenants. The primary Tenant, Bioallow, LLC (dba as Redline), has a lease thru 10/31/32, and provides over 77% of revenue to the property. MOVMNT is the secondary tenant that has a lease through 10/31/29 and operates a boutique Crossfit style gym, but has a lease cancellable by either party. This flexibility alloys a new owner to operate this as either a passive or active investment, depending on their goals and objectives. The interior includes an adoptable multi-sport interior-half of which is currently outfitted with artificial turf and the other half optimized for basketball, volleyball or pickleball. With minimal effort the entire space can be converted into a single full-sized court. There is also a dedicated 2,000 SF strength-training area, full reception, two locker rooms with showers, storage and office areas, plus an upstairs parent's lounge and dual office suites. Outside, an artificial turf field and half basketball court cater to youth soccer, lacrosse, baseball and 3-on-3 basketball programs. Net net, this operating gym offers tremendous opportunity, flexibility and upside with a great layout and location.
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Listing Contacts

LZ
SC 32218
Eaststrock Properties LLC
Listed by Eaststrock Properties LLC

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