Health Clubs
LA Fitness – Plano, TX
Health Clubs Offerings
LA Fitness – Plano, TX
3701 W. President George Bush Hwy
Plano, TX, 75075
- Price:
- $7,875,000
- Cap Rate:
- 6.00%
- NOI:
- $472,500
- Rentable SQFT:
- 45,000 Sf
- Year Built:
- 2005
- Lot Size:
- 5.15 AC
- Lease Type:
- NNN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Recently Renewed Lease Extension
- Below Market Rent & Price Point for DFW
- Prime Freeway Frontage & Exposure
The NNN Fitness Group of Marcus & Millichap is pleased to present this unique opportunity to acquire a freestanding LA Fitness property with tremendous highway frontage on a long-term lease with significantly below-market rent in Plano, Texas. Fitness International LLC recently extended their lease for an additional 17 years, beginning in 2021 and running through 2038, confirming their long-term commitment and success at this location. This property offers exceptional value with a competitive price point in one of the region’s strongest markets, featuring a new rent schedule starting at just $10.50/SF.
The offering includes a 45,000-square-foot facility situated just 20 miles north of Dallas, directly off W President George Bush Highway, with a traffic count of over 134,552 vehicles per day. The property’s strategic location places it within one of the busiest retail hubs in Plano, surrounded by an abundance of national and local retailers, including the very popular Central Market, Walmart, Sam’s Club, KFC, McDonald’s, Chipotle, and many more.
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.