24 Hour Fitness Secured Las Vegas Lease Expansion
The fitness chain has committed to a long-term lease in Summerlin while planning new regional locations.
Updated on Sept. 29, 2026 in Openings & Closings
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24 Hour Fitness has signed a 12-year lease extension at its Summerlin facility following a major $1.5 million remodel. The company also announced plans to open at least one additional gym in the Las Vegas Valley early next year.
The Summerlin facility spans 57,963 square feet and is currently listed for sale at $18 million. Monthly membership dues at the chain begin at $25.
The players
24 Hour Fitness
This private fitness center operator manages hundreds of locations across the United States.
Mark Mastrov
He is a prominent fitness industry entrepreneur who reacquired the company in 2026.
LongRange Capital
This investment firm partnered in the reacquisition of the 24 Hour Fitness chain.
The details
Work crews renovated the property by repainting the building, resurfacing floors, upgrading locker rooms, and adding a new turf zone. The brand currently operates only one other location in Southern Nevada as it continues to seek new spaces following its 2026 reacquisition.
Timeline
June 2020: 24 Hour Fitness filed for Chapter 11 bankruptcy.
January 2026: Mark Mastrov reacquired 24 Hour Fitness with LongRange Capital.
October 3, 2026: The remodeled Summerlin location hosts its grand opening.
Early 2027: A new location is planned to open in the Las Vegas Valley.
Market Landscape
This move marks a shift from the chain's previous era of retrenchment to a strategy of regional expansion. The company is actively working to reclaim market share in Southern Nevada after past conflicts with landlords forced closures across the valley.
Members in Summerlin will gain access to updated equipment and renovated facilities for a starting price of $25 per month. Customers can expect a more stable local presence as the chain adds new locations throughout the Las Vegas Valley.
The takeaway
The chain's commitment to a 12-year lease suggests a long-term goal of rebuilding its physical presence in the region. Residents looking for gym memberships should monitor the company's progress as it secures new sites across the valley.
What happens next
The Summerlin location is scheduled to hold a grand opening event on October 3, 2026, followed by the planned launch of another valley location in early 2027.
Further reading
Explore more local business developments in the Openings & Closings section.
Source note: This article includes information reported by Las Vegas Review-Journal.
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