Health Clubs
Retro Fitness – Mesquite, TX
Health Clubs Offerings
Retro Fitness – Mesquite, TX
2524 N Galloway Ave
Mesquite, TX 75150
- Price:
- $3,655,172
- Cap Rate:
- 7.25%
- NOI:
- $265,000
- Rentable SQFT:
- 36,874 SF
- Year Built:
- 1991 / 2022
- Lot Size:
- 4.08 AC
- Lease Type:
- NN
- Type of Ownership:
- Fee Simple
- Status:
- Under Contract
Investment Highlights
- Growing Regional Fitness Concept
- Excellent Retail Trade Area
- Business Friendly Climate
- Strong Real Estate Fundamentals
- No State Personal Income Tax
The NNN Fitness Group of Marcus and Millichap is pleased to offer a 36,874 square-foot single tenant Retro Fitness in Mesquite, TX. The offering is inclusive of a 10 Year lease with below market rent of $7.18/PSF. Located within the Dallas Fort-Worth Metro, this property boasts an affluent population of 275,576 residents within 5-mile radius. Dallas MSA is currently the 4th largest MSA in the US with a population of 7.57 million, DFW is on track to become the 3rd largest MSA trailing only Los Angeles and NYC. DFW gained 1,349,378 residents from 2010 to 2019, ranking first among U.S. metro areas. The subject property further benefits from its proximity to Town East Mall with national retailer such as Macy’s, Dicks Sporting Goods, Bed Bath and Beyond, Home Depot, and many more.
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