Investment Overview

Marcus & Millichap is pleased to present a 26,120-square-foot single-tenant Retro Fitness in Richardson, TX. This offering includes over 9 years remaining on the initial lease term with an 11% increase in 2030 and 4% annual increases during the option period. The property also features a tenant-approved .60-acre outparcel along E Belt Line Rd, providing future development potential in a high-traffic area with 29,933 vehicles per day. This stable, long-term investment combines reliable income growth, development potential, and strong market fundamentals, making it an attractive opportunity for investors. Strategically located in the Dallas-Fort Worth Metroplex — the 4th largest MSA in the U.S. with a population of 7.57 million — the property benefits from strong demographics, including an affluent population of 363,761 residents within a 5-mile radius and an average household income of $92,257. The site is adjacent to the 99-acre Richardson Square power center, anchored by Super Target and Lowe’s, ensuring strong consumer traffic and long-term tenant stability. Retro Fitness is a rapidly growing fitness brand with over 200 locations nationwide and a 20+ year track record. Backed by BlackRock and Eastwood Capital, Retro Fitness is expanding through Project LIFT, which aims to open 500 gyms in underserved communities over the next five years.