Skip to main content

Fitness Center

LA Fitness | Grand Prairie

2803 W Interstate 20, Grand Prairie, TX 75052

Listing Price: $10,703,300

Cap Rate
7.00%
Tenant Name
LA Fitness
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
45,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.65

Investment Overview

Marcus & Millichap is pleased to bring to market a corporate-backed LA Fitness in Grand Prairie, TX, strategically located along Interstate 20 with exceptional visibility to over 186,000 vehicles per day. This 45,000-square-foot facility is secured by a brand-new 15-year lease extension with Fitness International, LLC, the nation’s largest non-franchised health club operator, which includes a planned $2.25 million renovation—highlighting the tenant’s long-term commitment to the site.

Surrounded by a dense concentration of national retailers including Walmart, Target, Home Depot, and Kroger, this property benefits from its location in a thriving retail corridor within the high-growth DFW Metroplex. With over 300,000 residents in a 5-mile radius and proximity to major highways and employment hubs, this offering presents a rare opportunity to acquire a high-performing asset with long-term stability and institutional-quality fundamentals.

Investment Highlights

  • Brand New 15 Year Extension & Upcoming Remodel
  • Corporate-Back Security
  • Prime Location with Highway Visibility
  • Established Retail Corridor

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Fitness Center

LA Fitness | Grand Prairie

Listing Price: $10,703,300

Cap Rate
7.00%
Tenant Name
LA Fitness
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
45,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.65

Investment Highlights

  • Brand New 15 Year Extension & Upcoming Remodel
  • Corporate-Back Security
  • Prime Location with Highway Visibility
  • Established Retail Corridor

Investment Overview

Marcus & Millichap is pleased to bring to market a corporate-backed LA Fitness in Grand Prairie, TX, strategically located along Interstate 20 with exceptional visibility to over 186,000 vehicles per day. This 45,000-square-foot facility is secured by a brand-new 15-year lease extension with Fitness International, LLC, the nation’s largest non-franchised health club operator, which includes a planned $2.25 million renovation—highlighting the tenant’s long-term commitment to the site. Surrounded by a dense concentration of national retailers including Walmart, Target, Home Depot, and Kroger, this property benefits from its location in a thriving retail corridor within the high-growth DFW Metroplex. With over 300,000 residents in a 5-mile radius and proximity to major highways and employment hubs, this offering presents a rare opportunity to acquire a high-performing asset with long-term stability and institutional-quality fundamentals.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s): TX: 9002994

    Texas

MM Texture Background
MM Textured Background Lower