24 Hour Fitness | DFW | Under $10M | Freeway Visibility | Top Performer | Strong Demos
6500 Old Denton Road, Fort Worth, TX
$9,316,640
Price
7.5%
Cap Rate
$698,748
NOI
Overview
Description
The NNN Fitness Group of Marcus & Millichap is pleased to present an exceptional investment opportunity: a 36,000 square foot single-tenant health club in Fort Worth, TX. Positioned nearby Interstate-35, this offering presents an irreplaceable location boasting over 143,000 VPD, and easy access to and from Dallas Fort Worth Metropolitan area. The surrounding area includes a dense, affluent demographic with over 286,709 residents and an average household income of $93,146 within 5 miles. The 24 Hour Fitness has a long term lease with over 8 years remaining after a recent 5 year lease extension.
Fort Worth, the fifth-largest city in Texas and 19th largest in the U.S., is located in North Texas, covering nearly 300 square miles and serving as the county seat of Tarrant County. It has experienced rapid growth and is the second-largest cultural and economic hub in the Dallas–Fort Worth–Arlington metro area.
Highlights
- Dynamic Commercial Hub
- Densely Populated Affluent Area
- Top Growing City in the U.S.
- Business Friendly Climate
Documents
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24_Hour_Fitness_-_Forth_Worth__TX_-_OM.pdf
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