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33262964
33262949

3550 South Clark Street, Arlington, VA 22202

SR
VA 0226032019, CA 02101543 (+42)
ParaSell Inc
AB
CA CA 01958151
Realsource Group
JS
CA CA 02168139
Realsource Group
Listed by ParaSell Inc, Realsource Group
$23,197,000
8 days on market
Updated 8 days ago

Club Studio - Arlington, VA

Details
Property Type Retail
Sub Type Gym, Healthclub
Square Footage 45,966
Cap Rate 6.00%
NOI $1,391,850
Occupancy 100%
Tenancy Single
Brand/Tenant LA Fitness
Lease Type NN+
Lease Term 15
Lease Expiration 03/31/2040
Remaining Term 13.8
Rent Bumps Yes
Lease Options Three, 5-year Options
Class A
Year Renovated 2026
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/01/2025
Ground Lease No
Sale Condition For sale by owner

Rare, Club Studio (LA Fitness) Offering in Metro DC

Marketing description

• Club Studio Conversion with Significant Capital Investment and Lease Extension: Fitness International recently converted the club to its premium Club Studio concept, reflecting strong commitment to the location and long-term market demand.

• Located within National Gateway, a premier mixed-use office and retail destination in the heart of Arlington’s rapidly transforming National Landing district

• Positioned directly between Amazon’s HQ2 expansion and the Virginia Tech Innovation Campus, two of the most transformative economic drivers in the Washington D.C. metro area

• Surrounded by one of the region’s strongest live-work-play environments featuring over 450 restaurants, retailers, hotels, and entertainment venues throughout National Landing

• Dense, affluent infill demographic profile supported by a rapidly expanding residential population and high daytime employment base throughout Pentagon City, Crystal City, and Potomac Yard

• Club Studio benefits from co-tenancy with a curated mix of experiential, lifestyle, and daily-needs retailers including Lidl, Bright Horizons, and Social All Day

• Washington, D.C. Metro Area: One of the most affluent and highly educated metros is the U.S. with about 6.5 million people

LA Fitness, Club Studio, Crunch Fitness, Planet Fitness, Gold's Gym, EOS Fitness

Investment highlights

LINK TO OFFERING MEMORANDUM: https://realsource.com/club-studio-arlington-va/

• Single-Tenant Club Studio

Corporate Lease with Fitness International, LLC [LA Fitness & Club Studio Parent Co.]

Rare, Condominium Offering with minimal landlord responsibilities

15-year primary term, plus three (3), 5-year options

10% rent increases every 5 years, including options

• About Club Studio

Fitness International’s Highest-End health club offering

$134 - $249 monthly memberships

18 Club Studio locations Open, 21 Coming Soon, & many more in the development pipeline

Studio Row: Club Studio’s signature boutique classes all centralized under one roof -

Pilates, HIIT, Cycling, Boxing & Hot Yoga

• About Fitness International, LLC

Parent Company to Club Studio and LA Fitness

(+) 660 open and operating full-service health clubs across North America, and expanding

#1 largest health club operator in North America by revenue

$2.2B Estimated Annual Revenue

Founded in 1984, with over 40 Years of operational experience

Strategic growth initiative focused on adding hundreds of new Club Studio locations nationwide over the next five years

Listing Contacts

SR
VA 0226032019, CA 02101543 (+42)
ParaSell Inc
AB
CA CA 01958151
Realsource Group
JS
CA CA 02168139
Realsource Group
Listed by ParaSell Inc, Realsource Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,391,850.00
$115,987.50/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Scott Reid
License
0226032019
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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