“Eden Group LLC acquired the LA Fitness in Hemet, CA, from Sanderson Plaza LLC (75 percent Interest) and JNT Investments LLC (25 percent interest) for $8.45 million, or about $170 per square foot. The 50,000-square-foot health club building, located at 220 N. Sanderson Ave., was built in 2008 on nearly five acres. The property is fully leased to LA Fitness International under 15-year, triple net terms. Mark Thiel of Marcus & Millichap represented both parties in the transaction.”
http://www.costar.com/News/Article.aspx?id=9DF29AA84BD78210542CC599B6EF82B5
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