Planet Fitness Saginaw, TX

608 South Saginaw Boulevard
Saginaw, TX

Price: $4,583,000
Cap Rate: 6.00%
NOI: $275,000
Building Size: Approx. 20,000 Sq. Ft.
Lot Size: Approx. 1.864 Acres
Type: Single-Tenant / Retail
Sub Category: Gym / Fitness
Year Built: 2021

Investment Overview

  • 2021 Construction. 20,000+/- SF Building on 1.864+/- Acre Site
  • New 15 Yr NNN Lease w/ ~80 Unit Franchisee – Minimal Landlord Responsibility
  • Strategically Located Along South Saginaw Blvd. (28K VPD)
  • Near Pizza Hut, Wingstop, Dollar General, Advance Auto Parts, Jack in the Box, USPS
  • Strong Income Demographics w/ est. $100,451 within a 1-Mile Radius
  • Saginaw  |  Close to DFW MSA  |  Population: 24,000+