Fitness Center
LA Fitness | San Antonio TX | Rare NNN Lease | Low Rent | 12 Yrs Lease Term Remaining
522 TX-1604 Loop, San Antonio, TX 78251
Listing Price: $10,368,892
Investment Overview
The NNN Fitness Group of Marcus & Millichap is pleased to offer a 37,000 square-foot single-tenant LA Fitness in San Antonio, TX. The offering features a 12 year NNN lease with structured increases every five years. The facility features state-of-the-art equipment, group fitness classes, indoor cycling, a basketball court, a spa, and an indoor pool. The property benefits from excellent exposure to a combined 63,940 vehicles per day along W. Loop 1604 and Potranco Road. The property boasts a concentrated and affluent population featuring 93,125 residents within three miles with an annual household income of $92,034.
LA Fitness | San Antonio TX | Rare NNN Lease | Low Rent | 12 Yrs Lease Term Remaining
Investment Highlights
- Zero Landlord Responsibilities
- Primary Retail Arterial
- Strong Demographics
- Top Performing Health Club Chain
- Moody's Upgrades Fitness International's CFR TO B3 - 6/29/2022
- No State Personal Income Tax
Exclusively Listed By
Broker of Record
Financing By
Fitness Center
LA Fitness | San Antonio TX | Rare NNN Lease | Low Rent | 12 Yrs Lease Term Remaining
Listing Price: $10,368,892
Investment Highlights
- Zero Landlord Responsibilities
- Primary Retail Arterial
- Strong Demographics
- Top Performing Health Club Chain
- Moody's Upgrades Fitness International's CFR TO B3 - 6/29/2022
- No State Personal Income Tax
Investment Overview
The NNN Fitness Group of Marcus & Millichap is pleased to offer a 37,000 square-foot single-tenant LA Fitness in San Antonio, TX. The offering features a 12 year NNN lease with structured increases every five years. The facility features state-of-the-art equipment, group fitness classes, indoor cycling, a basketball court, a spa, and an indoor pool. The property benefits from excellent exposure to a combined 63,940 vehicles per day along W. Loop 1604 and Potranco Road. The property boasts a concentrated and affluent population featuring 93,125 residents within three miles with an annual household income of $92,034.
Exclusively Listed By
Broker of Record
Financing By
