Health Clubs
LA Fitness – Grand Prairie, TX
Health Clubs Offerings
LA Fitness – Grand Prairie, TX
2803 W Interstate 20
Grand Prairie, TX 75052
- Price:
- $10,703,300
- Cap Rate:
- 7.00%
- NOI:
- $749,232
- Rentable SQFT:
- 45,000 SF
- Year Built:
- 2006
- Lot Size:
- 5.07 AC
- Lease Type:
- NNN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Brand New 15 Year Extension & Upcoming Remodel
- Corporate-Back Security
- Prime Location with Highway Visibility
- Established Retail Corridor
The NNN Fitness group at Marcus & Millichap is pleased to bring to market a corporate-backed LA Fitness in Grand Prairie, TX, strategically located along Interstate 20 with exceptional visibility to over 186,000 vehicles per day. This 45,000-square-foot facility is secured by a brand-new 15-year lease extension with Fitness International, LLC, the nation’s largest non-franchised health club operator, which includes a planned $2.25 million renovation—highlighting the tenant’s long-term commitment to the site.
Surrounded by a dense concentration of national retailers including Walmart, Target, Home Depot, and Kroger, this property benefits from its location in a thriving retail corridor within the high-growth DFW Metroplex. With over 300,000 residents in a 5-mile radius and proximity to major highways and employment hubs, this offering presents a rare opportunity to acquire a high-performing asset with long-term stability and institutional-quality fundamentals.
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