The Gym Real Estate Company

A Triple Net Lease (NNN) lease is a commercial lease where, in addition to paying rent, gym owners are responsible for:

1. Property Taxes – Covering local taxes on the property.
2. Insurance – Paying for building insurance.
3. Maintenance – Handling the upkeep and repairs of the space.

Great for LLs, not great for tenants because these expenses can vary year to year, making it difficult for a gym owner to predict their total rent costs.

While you can't directly negotiate NNN costs, you can put guardrails and caps on them to ensure that the cost doesn't go too far north, causing a serious issue for the gym's bottom line.

Need help negotiating a lease? We got you, because that's exactly what we do.

We help gym owners lease and buy buildings. Head over to www.gymrealestate.co to book a Discovery Call so we can learn more about what you're looking for.

The SBA isn't a rubber stamp. They underwrite small businesses for a living and they know what to look for.

Two clean years of profitability is the baseline. They run a two-year look back on the financials. A great year next to a terrible year doesn't average out. They want to see consistency, not a fluke.

Your tax plan to run every personal expense through the business looks great in April. It looks terrible to an underwriter.

Don't minimize your loan eligibility because you're in the dark on navigating finances. Listen to our recent conversation with Mateo Lopez, co-founder of Kilo, on his podcast Gym World Worldwide for a deep dive into the financial strategies that work.

We help gym owners lease and buy buildings.

If you're looking to lease or purchase a site for your gym, and want expert guidance at no cost to you, send us a DM or head over to www.gymrealestate.co and book a Discovery Call so we can learn more about your project

For 94 years this building held Sunday services. Now it holds workouts around the clock.

Churches are becoming gyms, and the match is smarter than it first appears. The list of tenants who can monetize a 50 foot ceiling without carving it into floors is short, and fitness sits at the top of it.

We came across COMMIT Health Club .healthclub located in the Netherlands on our feed and it stopped the scroll with a "who wants to work out in a church?"

Then you see how the space was reimagined. The monumental statues still stand on the training floor. The stained glass still filters the light. The bell still rings on Sundays.

Congrats to this team for honoring the history of this space while reinventing it.

We help gym owners lease and buy buildings.

If you're looking to lease or purchase a site for your gym, and want expert guidance at no cost to you, send us a DM or head over to www.gymrealestate.co and book a Discovery Call so we can learn more about your project.

The most important data to gather when considering opening a second location is the home addresses of your current members.

It shows you the trade area- the geographic region where you are drawing the majority of your members from.

In a recent conversation with Mateo Lopez, co-founder of Kilo, on his podcast Gym World Worldwide, we unpacked how to use this trade area data and leverage technology like Maptive to create heat maps of where your members live. The next location goes inside that footprint or on the edge of it, close enough that current members create word of mouth in the new market from day one.

Guessing is expensive. The data is already in your CRM. Use it.

We help gym owners lease and buy buildings.

If you're looking to lease or purchase a site for your gym, and want expert guidance at no cost to you, send us a DM or head over to www.gymrealestate.co and book a Discovery Call so we can learn more about your project

The state of the space that the landlord turns over to you when you sign your lease is referred to as the "del

Before you sign a lease, you need to understand what you’re actually being handed on day one.

Here are the common types of delivery:

Cold Dark Shell

Vanilla Box (White Box)

Turnkey / Second-Gen

As-Is

Knowing the difference between these is crucial.

If you're a gym owner who wants help leasing or buying a building, at NO COST to you — then send us a DM or head over to www.gymrealestate.co and book a Discovery Call so we can learn more about your CRE project.

If you want to buy a building, you need to understand DSCR.

Debt Service Coverage Ratio.

DSCR measures a company's cashflow in relation to it's ability to pay back debt obligation.

In other words, if the bank lends you money to buy a building, will you generate enough cash to pay back the loan?

Histoircally, banks seek a 1.2 DSCR.

This means that for every $100,000 you borrow, they want to see that you can generate 1.2x that amount ($120,000).

If you can't meet the DSCR, you're likely not getting that bank loan.

Confusing? We get it. Let us help you with your lease or purchase process. Send us a DM or head over to www.gymrealestate.co to book a Discovery Call.

Did you know that we offer free tools on our website to help you crunch the numbers on your next commercial real estate project?

Head over to www.gymrealestate.co for access to our Site Budget Calculator, Lease Calculator, and Site Analysis Tool.

Or, let us do the hard work for you.

We help gym owners lease and buy buildings.

If you're looking to lease or purchase a site for your gym, and want expert guidance at no cost to you, send us a DM or head over to www.gymrealestate.co and book a Discovery Call so we can learn more about your project.