request_info_guest false
Street View
Map
7 Photos

Club Studio (LA Fitness Corporate) | Austin, TX

$18,092,300

1824 West Slaughter Lane, Austin, TX 78748

Active
Last Updated: 09/19/2025

6.5

Cap Rate

1,176,000

NOI

Details:
Cap Rate:    6.5%
NOI:    $1,176,000
Building Size:    37,000 sqft
Lot Area:    7.72 acres
Lease Type:    Triple Net
Year Built:    2015
Tenancy:    Single
Parking Spots:    259
Gross Leaseable Area:    37,000
Investment Strategy:    Core Plus
Lease Expire Year:    8/31/2046
Highlights:
  • Brand New Club Studio Conversion
  • Dominant Austin Market Fundamentals
  • Corporate-Back Security
  • High-Traffic, Affluent Location
Description:

The NNN Fitness Group of Marcus & Millichap is pleased to present the opportunity to acquire a 37,000-square-foot Club Studio in Austin, Texas. Built in 2015 and set on 7.72 acres, this property is a brand-new conversion from LA Fitness to Club Studio with a $4.56 million landlord-funded renovation allowance. Club Studio is Fitness International’s newest luxury fitness brand, offering boutique studio classes and high-end amenities under one roof. The property is leased to Fitness International, LLC—the parent company of LA Fitness, with 728+ locations and an S&P “B/Stable” rating—under a new 20+ year lease term extending through 2046, with two additional 5-year options.

Ideally positioned on W. Slaughter Lane with exposure to over 71,000 vehicles per day, the site benefits from exceptional demographics including an average household income of $117,000 within one mile. Just eight miles from downtown Austin, the property is surrounded by dense residential communities and national retailers, ensuring strong long-term demand in one of the fastest-growing markets in the U.S.

Map:
Documents:
Title
Club_Studio__Slaughter_Lane__Austin__TX_-_OM.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery