6704 Lake Worth Blvd - Health Club FOR SALE


Lake Worth, TX 76135
$9,374,870 USD
214-675-3665
6704 Lake Worth Blvd, Lake Worth, TX for Sale
$9,374,870 USD
Health Club - FOR SALE
1/7
null | 6.55% Cap Rate

6704 Lake Worth Blvd
Lake Worth, TX 76135


OVERVIEW

DUWEST Investment Sales is pleased to present the opportunity to acquire Spec's & Planet Fitness, a 48,861 SF, two-tenant retail property at 6708 Lkae Worth Blvd. in Lake Worth, TX, strategically positioned along Lake Worth Blvd (44,120 VPD) with direct access to Highway 820 (116,790 VPD). Recently remodeled and 100% leased to two credit-worthy operators, the asset sits adjacent to Target-anchored Lake Worth Towne Crossing (2.7M annual visits) and a Walmart Supercenter (2.9M annual visits) with proximity to major employers like Lockeed Martin (16,900 employees) and Naval Air Station JRB (10,000 employees). Both tenants recently signed new 10-year leases with contractual rent growth. With NNN lease structures, built-in escalations, and a best-in-class tenant mix, the Property is well positioned for long-term income certainty backed by high-credit tenants.

FOR SALE DETAILS

PRICE

$9,374,870 USD

PRICE/SF

$192 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spec's & Planet Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

358

LAND DETAILS

LAND ACRES

5.24 AC

LAND SF

228,254 SF

ZONING

HC

APN/PARCEL ID

06989012

ASK ABOUT THIS PROPERTY

Will WaltersDUWESTMore Info
214-675-3665

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Will WaltersDUWESTMore Info
214-675-3665

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