Listing ID818663
Price$5,900,000
Price/SqFt$71.95
StatusActive
SqFt 82,000
Acres 2.810
CountyWoodbury
Year Built1970
Property TypeCommercial
The sale includes the Real Estate st 1600 7th St. The 16,060 sq ft Parking lot.All the memberships and equipment in all 4 locations. 2600 Pierce St, 4240 Hickory Ln and 610 Freedom Dr. North Sioux City locations are leased. Leases can transfer with the sale. Company overview + The Target Opportunity is a full-service health club offering amenities in tennis, basketball, racquetball, track, swim, and fitness, for all ages. The Club has extensive brand recognition in the region and is the area’s ‘go to’ for family recreation and fitness. The Club provides a historically consistent cash flow with multiple revenue streams. + Purchase opportunity includes 82,000 SF of indoor space on 4.29 acres of Real Estate, no deferred maintenance, and excellent collateral value. + Strong post covid numbers + Strong management team is in place, with an average of 85 full and part time employees that service all four locations. Connected Member Base through Unique Offerings and Amenities Amenities offered such as Basketball, track, swimming, Personal Training, Full fitness Center, fitness classes, bicycling, Tennis, Racquetball, Pickle Ball, Child Care and so much more than a typical gym. Detailed Information: + Inventory is included in asking price + Real Estate is Owned and included in asking price (mid town location) + Building Sq ft: 82,000 Sq Ft + Employees: 85 full and part time including management teams + Facilities: All FF&E to be included in the space + Great option for a 1031 exchange + Support staff would like to remain in place
© 2022 Northwest Iowa BOR (NWIBOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NWIBOR. Real estate listings held by IDX Brokerage firms other than Century 21 Prolink are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Listing courtesy of Keller Williams Siouxland. Data last updated: Monday, October 3rd, 2022 at 02:29:48 PM.

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Lisa Croston

1114 4th Street,
Souix City, IA 51101
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