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Fitness Center

24 Hour Fitness | 12%+ Cash-on-Cash Return | Assumable Financing | Fort Worth, TX

2701 Halloran St, Fort Worth, TX 76107

Listing Price: $17,500,000

Cap Rate
8.00%
Tenant Name
24 Hour Fitness
Years Remaining On Lease
11.3
Guarantor
Corporate Guarantee
Rentable SF
42,267
Lease Type
Double Net
Rent Per Square Feet
$33.12

Investment Overview

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.

Investment Highlights

  • Long-Term Corporate Lease w/ Stability
  • Strategic Location in a Growing College Town
  • Prime Visibility + High Returns

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

24 Hour Fitness | 12%+ Cash-on-Cash Return | Assumable Financing | Fort Worth, TX

Listing Price: $17,500,000

Cap Rate
8.00%
Tenant Name
24 Hour Fitness
Years Remaining On Lease
11.3
Guarantor
Corporate Guarantee
Rentable SF
42,267
Lease Type
Double Net
Rent Per Square Feet
$33.12

Investment Highlights

  • Long-Term Corporate Lease w/ Stability
  • Strategic Location in a Growing College Town
  • Prime Visibility + High Returns

Investment Overview

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.

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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