Net Lease Health Clubs
Club Studio – Austin, TX
Net Lease Health Clubs Offerings
Club Studio – Austin, TX
1824 W Slaughter Ln,
Austin, TX 78748
- Price:
- $18,092,300
- Cap Rate:
- 6.50%
- NOI:
- $1,176,000
- Rentable SQFT:
- 37,000 SF
- Year Built:
- 2015
- Lot Size:
- 7.72 AC
- Lease Type:
- NNN
- Lease Term:
- 18+ yrs
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Brand New Club Studio Conversion
- Dominant Austin Market Fundamentals
- Corporate-Back Security
- High-Traffic, Affluent Location
The NNN Fitness Group of Marcus & Millichap is pleased to bring to market a 37,000 square-foot Club Studio located in Austin, Texas. The property is secured by a brand new 18-year lease with Fitness International, LLC, providing long-term stability with built-in 10% rental increases every five years, as well as two additional five-year renewal options. The asset is a recent conversion of a former LA Fitness, with a grand opening scheduled for August 2026, allowing investors to acquire a newly repositioned facility backed by Fitness International, which operates 700+ locations nationwide and maintains an S&P credit rating of B/Positive.
Strategically positioned along W. Slaughter Lane in South Austin, the property benefits from strong visibility within a high-traffic retail corridor and proximity to I-35. The surrounding trade area is supported by affluent demographics, including average household incomes exceeding $130,000 within a one-mile radius, as well as significant population density and continued residential growth, making it an ideal location for long-term fitness tenancy.
Client Login
Enter your Username (Email) & Password if you have previously registered.
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.
"*" indicates required fields