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24 Hour Fitness - former Kids Club space 111 S 38th St

2,000 SF of Retail Space Available in Tacoma, WA 98418

Sublease Highlights

  • Portion of existing and operating 24 Hour Fitness
  • Heavy day and evening traffic
  • Large parking field

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 2,000 SF
  • Negotiable
  • £17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £34,716 /PA £2,893 /MO
  • Modified Gross
Space Use
Retail
Availability
Now

Licensed area is the former Kid's Club babysitting space inside existing and operating 24 Hour Fitness gym. Looking for the following uses, included but not limited to: physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, boxing, kickboxing, self-defense, martial arts, grappling, cryotherapy, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, spa services, juice bar, grab-n-go food, limited food and drink service, sport, health and wellness products and accessories, workout apparel, babysitting, daycare, children’s learning center/ enrichment and physical development center for children, children’s gym. Will consider other health, mental health, wellness and other complementary fitness and sports uses. Rent includes common area, taxes, utilities (excluding phone/cable/internet).

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Highly Desirable End Cap Space
Space Size Term Rent Service Type
1st Floor 2,000 SF Negotiable £17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £34,716 /PA £2,893 /MO Modified Gross

1st Floor

Size
2,000 SF
Term
Negotiable
Rent
£17.36 /SF/PA £1.45 /SF/MO £186.84 /m²/PA £15.57 /m²/MO £34,716 /PA £2,893 /MO
Service Type
Modified Gross
Space Use
Retail
Availability
Now

Licensed area is the former Kid's Club babysitting space inside existing and operating 24 Hour Fitness gym. Looking for the following uses, included but not limited to: physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, boxing, kickboxing, self-defense, martial arts, grappling, cryotherapy, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, spa services, juice bar, grab-n-go food, limited food and drink service, sport, health and wellness products and accessories, workout apparel, babysitting, daycare, children’s learning center/ enrichment and physical development center for children, children’s gym. Will consider other health, mental health, wellness and other complementary fitness and sports uses. Rent includes common area, taxes, utilities (excluding phone/cable/internet).

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Highly Desirable End Cap Space

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SELECT TENANTS AT 24 Hour Fitness - former Kids Club space

  • Tenant
  • Description
  • US Locations
  • Reach
  • 24 Hour Fitness
  • Fitness
  • 460
  • National
Tenant Description US Locations Reach
24 Hour Fitness Fitness 460 National

PROPERTY FACTS FOR 111 S 38th St , Tacoma, WA 98418

Property Type Retail
Property Subtype Health Club
Gross Internal Area 44,647 SF
Total Land Area 3.67 AC
Year Built/Renovated 2003/2017
Parking Ratio 2.46/1,000 SF

About the Property

Licensed (sublease) area is a room inside existing and operating 24 Hour Fitness gym. Looking for the following uses, included but not limited to: martial arts, Brazilian Jiu Jitsu, kickboxing, boxing, self-defense, physical therapy, sports rehabilitation therapy, chiropractic services, therapeutic massage, grappling, drip therapy, weight loss advisory services and related programs, health diagnostic screening and testing, sport, health and wellness products and accessories, workout apparel, etc. Will consider other health, mental health, wellness and other complementary fitness and sports uses. Please note: No uses that prep food and drink on site. No pole dancing classes. No uses that require extensive construction or utility upgrades. Rent includes common area, taxes, utilities (excluding phone/cable/internet).

  • Bus Route
  • Signage
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 27820098

  • Date on Market: 23/02/2023

  • Last Updated:

  • Address: 111 S 38th St, Tacoma, WA 98418

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