608 S Saginaw Blvd - Freestanding FOR SALE


Saginaw, TX 76179
$4,650,000 USD
214-326-0856
608 S Saginaw Blvd, Saginaw, TX for Sale
$4,650,000 USD
Freestanding - FOR SALE
1/5
null | 6.8% Cap Rate

608 S Saginaw Blvd
Saginaw, TX 76179


HIGHLIGHTS

  • Absolute NNN Lease
  • Corporate Guarantee
  • 9+ Years Remaining on Lease

OVERVIEW

Built in 2021, this ±20,000 SF free-standing retail property is 100% leased to Planet Fitness, one of the nation’s fastest-growing fitness operators. Positioned along S. Saginaw Blvd in the heart of Saginaw’s primary retail corridor, the asset provides investors with stable cash flow, strong corporate tenancy, and long-term relevance in a rapidly expanding North Fort Worth submarket. The property benefits from modern construction, strong surrounding demographics, and a highly visible retail location serving both Saginaw and the broader Alliance/Fort Worth growth corridor. With a 6.8% cap rate and a nationally recognized tenant, this offering presents a compelling opportunity for investors seeking dependable income with minimal management requirements. Highlights Include: * New Construction (2021): Purpose-built, modern retail construction designed specifically for fitness use with contemporary materials, efficient layout, and long-term durability. * 100% Leased Long-Term Single-Tenant Asset: Fully occupied by Planet Fitness, providing immediate, predictable income backed by a proven national operator. With a corporate guarantee. *Strong Retail Corridor Location: Positioned on S. Saginaw Blvd, the city’s main commercial artery, surrounded by grocery anchors, national retailers, and dense residential growth. *Large Footprint Facility: ±20,000 SF building size supports full-service fitness operations, ensuring tenant stickiness and long-term operational viability. *High-Growth Submarket: Saginaw continues to benefit from population expansion driven by North Fort Worth employment centers, Alliance Airport logistics growth, and expanding suburban rooftops. *Passive Investment Profile: Single-tenant structure allows for simplified ownership with limited landlord responsibilities and stable long-term income potential.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

-

APN/PARCEL ID

42699671

ASK ABOUT THIS PROPERTY

Ahmed OmarGO Real EstateMore Info
214-326-0856

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Ahmed OmarGO Real EstateMore Info
214-326-0856

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