2803 W Interstate 20 - Health Club FOR SALE


Grand Prairie, TX 75052
$10,703,300 USD
805-570-7430
2803 W Interstate 20, Grand Prairie, TX for Sale
$10,703,300 USD
Health Club - FOR SALE
1/4
null | 7% Cap Rate

2803 W Interstate 20
Grand Prairie, TX 75052


HIGHLIGHTS

  • Brand New 15 Year Extension & Upcoming Remodel
  • Corporate-Back Security
  • Prime Location with Highway Visibility
  • Established Retail Corridor

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,703,300 USD

PRICE/SF

$238 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LA Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

369

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,723 SF

ZONING

LI

APN/PARCEL ID

41187164

ASK ABOUT THIS PROPERTY

Mark ThielMarcus & MillichapMore Info
805-570-7430

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Mark ThielMarcus & MillichapMore Info
805-570-7430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.