TimeSpace Milpitas Development LLC purchased the Fitness USA at 1818 Clear Lake Ave. in Milpitas, CA, for $2.375 million, or roughly $98 per square foot, from North American Land & Leasing.
The 24,300-square-foot facility is situated on 1.3 acres with C2 zoning. The property has access to major highways, is surrounded by residential, and is adjacent to Parktown Plaza Shopping Center with major retailers.
Yorke Lee of TimeSpace Real Estate in Cupertino represented the buyer in-house. Tenny Tsai of Cassidy Turley in San Jose represented the seller, Fitness USA Supercenters.
For more information on this transaction, please reference CoStar COMPS #2231063.