Best Buy Stores, l.p.
Sq. Ft.: 45,702 Lease Exp.: 01/2016
Best Buy Stores, L.P., is a wholly owned subsidiary of Best Buy Co., Inc. Best Buy Co., Inc.
(S&P: BBB/Stable) operates as a specialty retailer of consumer electronics, home-office products, entertainment software, appliances, and related services. It operates retail stores and commercial Web sites under the brand names Best Buy, Future Shop, Magnolia Audio Video, and Geek Squad, as well as an outlet store on eBay. Best Buy Co., Inc. offers a full range of products, including: video, audio, home-office, entertainment software, computer software, subscriptions and appliances. As of the end of fiscal year 2006, Best Buy Co.,Inc. operated approximately 924 retail stores in the United States and Canada.
Performance of the Property is dependant upon the allocation of increased real estate taxes, if any. Pursuant to the tenant’s lease, any tax attributable to an increase in valuation resulting solely from the sale or refinancing (as opposed to periodic reassessment) of the Property cannot be charged to the tenant.
24 hour fitness USA, Inc.
Sq. Ft.: 35,600 Lease Exp.: 11/2026
24 Hour Fitness USA, Inc. owns and operates more than 350 fitness centers that offer aerobic, cardiovascular, and weight lifting activities to the company’s more than 3 million members. Some facilities also feature squash, racquetball, and basketball courts; swimming pools; steam and sauna rooms; tanning rooms; and whirlpools. It is one of the only fitness chains open 24 hours a day. The centers are located in 16 states in the United States, as well as in Asia.