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9050 Falcon View Dr
McKinney, TX 75070

$11,048,000 USD

Health Club For Sale  •  37,000 SF

Property Details

• Property Type Health Club
• Total Building Size 37,000 SF
• Lot Size 6.69 AC
• Building Class B
• Year Built 2016
• Cap Rate 7.25 %
• Tenancy Single
• Zoning PD

0 Transit Score

47 Walk Score

Highlights

Long-Term NN Lease | Fee Simple Ownership Approximately 6 years remaining with limited landlord maintenance/expense responsibilities making this an id

Inflation Hedge The lease features rental increases every 5 years throughout the initial term and at the beginning of each option, increasing the NOI

Credit Tenant | Corporate Lease The lease is signed by Fitness International, LLC, rated “B” Stable by S&P, the largest non-franchised fitness club op

Property Flyers

McKinney TX - LA Fitness

Cap Rate:

7.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
LA Fitness	37,000 SF	9/30/2031

Amenities

• Signage

Public Transportation

Airport	Drive	Walk	Distance
Dallas Love Field	43 min	-	31.6 mi
Dallas-Fort Worth International	40 min	-	32.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	240
Type:	Surface
Included in Rent:	Yes