EoS Fitness has opened their newest club in Chandler, Arizona. Velocity Retail Group’s Dave Cheatham, Darren Pitts, Brian Gast and Brad Ranly represented the Landlord, FAE Ray & Rural, LLC in the 38,253 square foot lease to EoS Fitness at the southeast corner of Ray Road and Rural Road in Chandler, Arizona.
The owners of the building, Wadsworth Development Group in a joint venture partnership with Accelerated Development Services purchased the building in September 2017 and redeveloped the 62,190 square foot building into two distinct spaces. Goodwill of Central and Northern Arizona occupies the balance of the building.
“This is an excellent location in a very established trade area. The redevelopment of this former grocery store has transformed the shopping center,” said Brian Gast, Executive Vice President for Velocity Retail Group. The firm continues to lead the retail market in retail big box leasing and sales.
EoS Fitness currently has 20 clubs throughout the Valley with 8 more “coming soon”. The tenant is represented by John Matthews and Chip Thor of Echelon Realty Advisors. (https://eosfitness.com/find-club/)
Velocity Retail Group’s Investment Division is currently marketing the property as a net leased investment sale, further information is available by clicking on this link. EoS Fitness Offering Memorandum