Healthcare Real Estate Services at Bull Realty is pleased to present the opportunity to acquire a prime investment property offering a strong 9.5% cap rate. With available financing, this property offers substantial double digit cash-on-cash returns.

Completed in 2006, the Opus Northwest designed facility is prominently positioned on eleven and a half acres in the proven Corporate Ridge Office Park. The state of the art approximately 106,600 sq ft fitness center is well located in Olathe, an affluent suburb of Kansas City.

The true absolute triple net lease term is 15 years with three 5-year renewals. The successful tenant has illustrated strong growth numbers since opening in 2006. The lease is guaranteed by a prominent businessman worth in excess of 90 million dollars. In addition, the business will escrow 2 million dollars to solidify the income stream for the investors.

The ever increasing awareness of diet & exercise has caused society to be more aware of the importance of good health than ever before. This Fitness Center is perfectly positioned as best in class for long term stability in this booming industry.

The building has received numerous awards including the Design-Build Institute of America