THE SILVER GROUP BROKERS A SINGLE TENANT FITNESS CENTER

The Silver Group has arranged the sale of a single tenant property leased to California Family Fitness, located in the Greenhaven / Pocket neighborhood of Sacramento, California. The 17,600 sf building located at 62 Valine Court had operated as the Riverside Athletic Club for many years. In 2014, a new 20 year, triple net lease was executed with California Family Fitness and the property underwent significant improvements to both the interior space as well as the exterior, pool, parking lot and landscape. At the time of the sale, the triple net lease has 19 years of term remaining with annual rent escalations. California Family Fitness is a growing, 25 year old regional company with 20+ locations dominating the Sacramento metro area. This new location was an immediate success for Cal Fit because it came with a seasoned membership who welcomed the improvements. The Silver Group was the exclusive agent representing the Seller and also procured the Buyer.