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Club Studio (LA Fitness) 100 Cedar Ave

43,419 SF Retail Building South Windsor, CT 06074 £11,369,732 (£262/SF) 6.75% Net Initial Yield

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INVESTMENT HIGHLIGHTS

Brand New 16 Year Absolute NNN Lease | Fitness International’s Newest Concept (signed by parent company of LA Fitness)
Affluent Demographics, 3-Mile AHHI $115K+
Easy Access to-and-from Hartford, CT

Adjacent to Costco, Whole Foods & The Promenade Shops
New Medical & Retail Mix-Use Project Across the Street

EXECUTIVE SUMMARY

The NNN Fitness Group of Marcus & Millichap is pleased to offer this brand-new luxury Club Studio (LA Fitness Corporate Lease) in South Windsor, CT. This is the first ever freestanding Club Studio available on the open market. The offering features a brand new 16-year Absolute NNN Lease adjacent to Costco, Whole Foods, and The Promenade Shops. Moreover, new medical and retail mix-use projects are underway across the street from the property. The property is ideally located near the I-84 which serves 125,600 vehicles per day and provides easy access to-and-from Hartford, CT. Furthermore, the property is surrounded by an affluent demographic boasting a three-mile average household income of over $115,000.
South Windsor, Connecticut, nestled in Hartford County, is a vibrant and thriving town known for its diverse community and economic vitality. The town’s economy encompasses a wide range of industries, including manufacturing, technology, healthcare, and retail, providing a stable foundation for residents and businesses alike. Additionally, South Windsor’s strategic location, with easy access to major highways and proximity to Hartford, enhances its appeal for commuters and businesses. Hartford, CT hosts prestigious institutions like Trinity College and the University of Hartford with thousands of students. Downtown Hartford has experienced revitalization, with attractions like Bushnell Park providing an urban oasis. The city’s commitment to innovation, research, and entrepreneurship makes it an exciting hub, while its dining and shopping scene, including the Hartford Public Market, adds to its appeal.