LA Fitness | 15-Year Abs. NNN Lease | Extension + Upcoming Remodel | Grand Prairie, TX
$10,703,300
2803 West Interstate Highway 20, Grand Prairie, TX 75052
7
Cap Rate
749,232
NOI
Details:
Highlights:
- Brand New 15 Year Extension & Upcoming Remodel
- Corporate-Back Security
- Prime Location with Highway Visibility
- Established Retail Corridor
Description:
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.
Documents:
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LA_Fitness__Grand_Prairie__TX_-_OM.pdf
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