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Fitness Center

Fitness Connection | 9.00% Cap Rate | Leasehold Interest | Recent Retrofit | 15 Yr Lease | New Roof

3630 Forest Ln, Dallas, TX 75234

Listing Price: $4,312,000

Cap Rate
9.00%
Tenant Name
Fitness Connection
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
52,443
Lease Type
Double Net
Rent Per Square Feet
$7.40

Investment Overview

Marcus & Millichap is pleased to bring to market a leasehold interest in a 52,443-square-foot Fitness Connection in Dallas, TX. The offering features a brand new 15-year lease with (5) 5-year options to renew. Included in the recent improvements is a new TPO roof installed in 2023.

Located in the affluent and thriving Dallas neighborhood, Park Forest, this property is surrounded by a dense 3-mile population of 101,285 residents with an average household income of $107,712. The property further benefits from its proximity to downtown Dallas, Addison, Plano, Frisco, and both DFW Airport and Love Field Airport.

Investment Highlights

  • Full-Service Health Club Amenities
  • Outstanding DFW Location
  • Affluent Demographics
  • Dense Retail Trade Area

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Fitness Center

Fitness Connection | 9.00% Cap Rate | Leasehold Interest | Recent Retrofit | 15 Yr Lease | New Roof

Listing Price: $4,312,000

Cap Rate
9.00%
Tenant Name
Fitness Connection
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
52,443
Lease Type
Double Net
Rent Per Square Feet
$7.40

Investment Highlights

  • Full-Service Health Club Amenities
  • Outstanding DFW Location
  • Affluent Demographics
  • Dense Retail Trade Area

Investment Overview

Marcus & Millichap is pleased to bring to market a leasehold interest in a 52,443-square-foot Fitness Connection in Dallas, TX. The offering features a brand new 15-year lease with (5) 5-year options to renew. Included in the recent improvements is a new TPO roof installed in 2023. Located in the affluent and thriving Dallas neighborhood, Park Forest, this property is surrounded by a dense 3-mile population of 101,285 residents with an average household income of $107,712. The property further benefits from its proximity to downtown Dallas, Addison, Plano, Frisco, and both DFW Airport and Love Field Airport.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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