Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

942 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Fitness Connection 8428 Denton Hwy 61,110 SF 100% Leased Retail Building Watauga, TX 76148 $13,726,971 CAD ($224.63 CAD/SF) 8% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Fitness Connection is a leader in the “High Value, Low Price” segment of the fitness industry with over 40 locations across NC, NV, and TX.
Fitness Connection is located at the signalized intersection of Denton Hwy & N Tarrant Pkwy which has a combined traffic count of 63,000 vpd.

Watagua boasts average household incomes of $144,000 within a 1 mile radius.
Planned H-E-B: H-E-B owns the entire land parcel kitty corner to the property with plans to build a grocery store in the future.

EXECUTIVE SUMMARY

Stream Capital Partners is pleased to present the opportunity to acquire a single tenant Fitness Connection asset located in Watauga, TX (DFW). The property is located at the premier intersection in the trade area, with idea positioning in between The Home Depot, Target, and across the street from a proposed H-E-B.
Fitness Connection has 10+ years of lease term remaining on its NNN lease, providing a passive income stream for an investor. The building is comprised of more than 61,000 SF on 6.6 acres.