Planet Fitness Tyler, TX

2747 East 5th Street
Tyler, TX

Price: $2,894,000
Cap Rate: 6.50%
NOI: $188,100
Building Size: Approx. 22834 Sq. Ft.
Lot Size: Approx. 3.7 Acres
Type: Single-Tenant / Retail
Sub Category: Gym / Fitness
Year Built: 1990

Investment Overview

  • 22,834+/- SF Building on 3.7+/- Acre Site
  • 10 Yr Net Lease w/ 80 Unit Franchisee – Minimal Landlord Responsibility
  • Excellent High Traffic Location Along SE Loop 323 (27K VPD)
  • Near CVS, Brookshire’s, Dollar General, Whataburger, Subway, Taco Bell
  • Strong Income Demographics w/ est. $72,531 within a 3-Mile Radius
  • Tyler  |  In-Between Dallas, TX & Shreveport, LA  |  Population: 103,000+