A 42,000-square-foot building located in the thriving submarket of Lutz, Florida has recently been sold for $13.6 million. The seller was represented by a team from SRS led by Patrick Nutt, on behalf of Barclay Group – a renowned national development company. The buyer, based in California, took advantage of a 1031 exchange.
According to Nutt, this newly opened property boasts a long-term triple-net lease that offers minimal landlord responsibilities and the stability of an established fitness chain to out-of-state investors.
Barclay Group has successfully collaborated with EoS Fitness to identify and acquire properties for their expanding business over the years. In fact, they have worked together on more than 25 locations across the country within just five years. SRS also played an integral role in partnering with EoS Fitness for site selection and lease transactions.
The sale marks another milestone for EOS Fitness as they continue their growth trajectory while remaining rooted in Lutz under their current name.
