LA Fitness building in the Village at Newbury Park shopping center.

LA Fitness building in the Village at Newbury Park shopping center.

The building that hosts an LA Fitness gym in Newbury Park has sold for an undisclosed price.

The 37,346-square-foot retail building is in the Village at Newbury Park shopping center at 2715-2725 Teller Road. The building had been listed on the market for $15 million.

Richard Rizika and Yvonne Shum of Beta represented the seller, Academy Road LLC. Mark Thiel of Marcus & Millichap in San Diego represented the buyer, AHS Property Inc.

The building is leased to LA Fitness through 2034.

“This property represented a tremendous opportunity for an investor to acquire a single-tenant leased investment in an affluent Southern California community,” Rizika said in a statement. “The buyer was attracted to the new development, freeway visibility and overall demographics of the area.”

The Village at Newbury Park, a 575,644-square-foot regional shopping center, came online earlier this year. Other tenants include a Target, Home Depot, Staples, Lowe’s and PetSmart.