24 Hour - Tacoma

This 44,647 SF single-tenant retail property is fully occupied by 24 Hour Fitness under a long-term triple net (NNN) lease, with over 13 years remaining. In 2018, the tenant invested $3 million in tenant improvements and recently waived their early termination right, underscoring their commitment to the location.

Strategically positioned along Tacoma’s primary retail corridor, the property benefits from high visibility and accessibility, surrounded by national retailers such as Costco, Target, and Walgreens. The facility operates 24/7, offering a full suite of fitness amenities, including state-of-the-art cardio and strength equipment, personal training services, and a variety of group fitness classes.

With a parking ratio of 2.46 spaces per 1,000 SF and proximity to major highways like Hwy 16 and I-5, this property is well-positioned to serve the growing Tacoma market.

Market
Seattle

Sq Feet
60,000

Type
Retail

Sold
2018

City
Tacoma

Region
Northwest