Investment Overview

Marcus & Millichap is pleased to bring to market a premier single-tenant LA Fitness property located in the booming submarket of Prosper, TX (North DFW). This newly constructed, 37,000-square-foot state-of-the-art facility sits on over 4 acres, offering abundant parking and an irreplaceable position in the North Dallas Economic Corridor. The property features a long-term corporate-backed lease, with Fitness International, LLC, the nation’s largest non-franchised health club chain. Located in the heart of a bustling retail hub including Kroger, Walmart, and HEB as well as the new Omni Hotel and PGA World Headquarters, this is a generational investment opportunity offering security and long-term growth. Strategically positioned at the intersection of US 380 and FM 423, this LA Fitness location benefits from an impressive daily traffic count of over 99,000 vehicles, attracting residents from the rapidly growing surrounding neighborhoods. Prosper itself is a high-growth area, with affluent demographics and an expanding residential base, making it one of North Texas’s most desirable destinations for both families and businesses. The population within a 3-mile radius exceeds 80,000, with average household incomes around $158,756, underscoring this property’s significant market appeal.