Health Clubs
24 Hour Fitness – Fort Worth, TX
Health Clubs Offerings
24 Hour Fitness – Fort Worth, TX
2701 Halloran St.
Fort Worth, TX 76107
- Price:
- $17,500,000
- Cap Rate:
- 8.00%
- NOI:
- $1,400,000
- Rentable SQFT:
- 42,267 SF
- Year Built:
- 2008
- Lot Size:
- 3.93 AC
- Lease Type:
- NN
- Type of Ownership:
- Fee Simple
- Status:
- Available
Investment Highlights
- Long-Term Corporate Lease w/ Stability
- Strategic Location in a Growing College Town
- Prime Visibility + High Returns
The NNN Fitness Group of Marcus & Millichap is pleased to present a freestanding single-tenant 24 Hour Fitness in Fort Worth, Texas, situated on a 3.93-acre lot with high visibility along Interstate 30, benefiting from over 114,000 vehicles per day. This property features over 11 years remaining on a corporate lease with structured rent increases and four 5-year renewal options, providing stable, long-term income with an attractive 8.00% cap rate. The new investor will benefit from below-market-rate assumable financing offering double digit cash-on-cash returns.
Located just 4.5 miles from Texas Christian University and 5.5 miles from downtown Fort Worth, the property is surrounded by a growing population of nearly 292,000 residents within five miles, supported by robust average household incomes exceeding $95,000 within three miles. The retail corridor, anchored by national and local retailers, sees consistent consumer traffic, while nearby developments like the 401-unit Jefferson Ridglea Village apartments further enhance the area’s growth and demand for fitness services. This prime investment opportunity combines exceptional location, strong tenant performance, and attractive financial returns.
Client Login
Enter your Username (Email) & Password if you have previously registered.
Lost Password?Not Registered?
In order to view the Marketing Package and join our distribution list, please complete the fields below.