Why a fitness center is a top amenity
Published by HealthFitness on July 10th, 2024
Running a fitness center can be a big financial commitment at first, but the benefits in the long run, like happier tenants, higher property value, and a competitive edge, make it a worthwhile investment for commercial building owners and property managers. Here’s why an on-site fitness center is considered a top amenity for property managers:
1. Tenant attraction and retention: High-quality fitness facilities are increasingly in demand, especially among younger demographics. Having an on-site fitness center can be a significant draw for potential tenants and can help retain existing ones, reducing costly turnover.
2. Increased property value: Buildings with desirable amenities like fitness centers tend to command higher lease rates and property values compared to those without such amenities. This can translate into higher returns on investment for building owners.
3. Competitive advantage: In competitive real estate markets, offering a well-equipped fitness center can give a building a distinct advantage over others that lack such amenities. It can be a deciding factor for prospective tenants considering multiple properties.
4. Tenant satisfaction and productivity: Convenient access to exercise facilities can contribute to improved tenant satisfaction, health, and overall wellbeing. Healthier and happier employees are often more productive and tenants are likely to renew their leases.
5. Cost savings: Providing an on-site fitness center can reduce the need for tenants and their employees to pay for external gym memberships, potentially offsetting a portion of their occupancy costs. This can be an attractive perk!
6. Community building: Fitness centers can serve as social hubs, fostering a sense of community and camaraderie among tenants. This can enhance the overall working experience and contribute to a positive building culture.
7. Sustainability and wellness initiatives: Offering fitness amenities aligns with broader trends toward promoting healthy lifestyles and sustainability. Building owners can leverage this to showcase their commitment to tenant wellbeing and environmental responsibility.
8. Employee attraction and retention: For commercial properties, having an on-site fitness center can be a valuable perk for attracting and retaining high-quality employees for tenant companies.
9. Ancillary revenue: Building owners may generate additional revenue by offering membership options to non-tenants or providing personal training services within the fitness center.
Learn more
As a leading fitness solutions provider, we help our property management clients create a workplace destination for their tenants. We partner with building owners and property managers to provide an inviting space for employees to work out, take a break, reset, destress, and connect with others.
We understand that each property is unique. Our team collaborates with building owners and property managers to design and implement the right program and experience to meet the specific needs of their tenants. Whether it's a modern space, a serene yoga studio or a dynamic group fitness space we ensure our clients’ amenities are second to none.
Contact us for a no-obligation meeting.
1. Tenant attraction and retention: High-quality fitness facilities are increasingly in demand, especially among younger demographics. Having an on-site fitness center can be a significant draw for potential tenants and can help retain existing ones, reducing costly turnover.
2. Increased property value: Buildings with desirable amenities like fitness centers tend to command higher lease rates and property values compared to those without such amenities. This can translate into higher returns on investment for building owners.
3. Competitive advantage: In competitive real estate markets, offering a well-equipped fitness center can give a building a distinct advantage over others that lack such amenities. It can be a deciding factor for prospective tenants considering multiple properties.
4. Tenant satisfaction and productivity: Convenient access to exercise facilities can contribute to improved tenant satisfaction, health, and overall wellbeing. Healthier and happier employees are often more productive and tenants are likely to renew their leases.
5. Cost savings: Providing an on-site fitness center can reduce the need for tenants and their employees to pay for external gym memberships, potentially offsetting a portion of their occupancy costs. This can be an attractive perk!
6. Community building: Fitness centers can serve as social hubs, fostering a sense of community and camaraderie among tenants. This can enhance the overall working experience and contribute to a positive building culture.
7. Sustainability and wellness initiatives: Offering fitness amenities aligns with broader trends toward promoting healthy lifestyles and sustainability. Building owners can leverage this to showcase their commitment to tenant wellbeing and environmental responsibility.
8. Employee attraction and retention: For commercial properties, having an on-site fitness center can be a valuable perk for attracting and retaining high-quality employees for tenant companies.
9. Ancillary revenue: Building owners may generate additional revenue by offering membership options to non-tenants or providing personal training services within the fitness center.
Learn more
As a leading fitness solutions provider, we help our property management clients create a workplace destination for their tenants. We partner with building owners and property managers to provide an inviting space for employees to work out, take a break, reset, destress, and connect with others.
We understand that each property is unique. Our team collaborates with building owners and property managers to design and implement the right program and experience to meet the specific needs of their tenants. Whether it's a modern space, a serene yoga studio or a dynamic group fitness space we ensure our clients’ amenities are second to none.
Contact us for a no-obligation meeting.
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Written by HealthFitness
HealthFitness is a proven leader in providing fitness solutions that engage and connect people both on-site and online, to create a strong community of health.
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