Fitness Center with Absolute NNN
For Sale
Contact for pricing
Pending
301 Main Street, Hereford, TX 79045
Anytime Fitness operates a 6,972 SF facility under an absolute NNN lease with zero landlord responsibility for operating or capital expenses.
Property Size6,972 SF
Days on Market103
Property Features for 301 Main Street
General Information
Standard status
Pending
Size
6,972 SF
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 24
Changed: Jul 20
Last Checked: Aug 4 at 1:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
The property is a 6,972-square-foot Anytime Fitness located in Hereford, Texas. The tenant has a 15-year lease that commenced in December 2023, with approximately 13.9 years remaining on the initial term. Rent is structured with 3% annual increases during the initial lease period, along with fair market value rent adjustments between two 5-year renewal options.
The lease is absolute NNN, providing for zero landlord responsibilities for operating or capital expenses. The tenant is Bandon Fitness, described in the remarks as the largest Anytime Fitness franchisee, and the property is located at the intersection of Main Street and West 3rd Avenue in downtown Hereford, among other area retailers including First Bank Southwest, Boost Mobile, and First Financial Bank.
The lease is absolute NNN, providing for zero landlord responsibilities for operating or capital expenses. The tenant is Bandon Fitness, described in the remarks as the largest Anytime Fitness franchisee, and the property is located at the intersection of Main Street and West 3rd Avenue in downtown Hereford, among other area retailers including First Bank Southwest, Boost Mobile, and First Financial Bank.
Key Highlights
- 6,972 SF Anytime Fitness facility in Hereford, Texas
- 15‑year lease commenced December 2023 with approximately 13.9 years remaining on the initial term
- Absolute NNN lease with zero landlord responsibility for operating or capital expenses
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79045, TX
18,621
Population
7,026
Households
2.7
Avg Household Size
33
Median Age
11%
College-Educated
70%
High-School Grad
1,130.7 sq mi
ZIP Area
16
Density / Sq Mi
$54,207
Median Household Income
$37,342
Median Earnings
$921
Median Rent
$111,800
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Element 26 Fitness Studio LLC — 401 Main St, Hereford, TX 79045
- Jacee park — Hereford, TX 79045
- The Grind of Hereford, LLC — 409 Main St, Hereford, TX 79045
- Anytime Fitness — 301 Main St, Hereford, TX 79045
- The Fitness Chamber — 117 W Park Ave, Hereford, TX 79045
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Anytime Fitness operates a 6,972 SF facility under an absolute NNN lease with zero landlord responsibility for operating or capital expenses.
Where is this fitness center & gym located?
The property is located at 301 Main Street Hereford, TX.
What are key features of this property?
This property features: 6,972 SF Anytime Fitness facility in Hereford, Texas; 15‑year lease commenced December 2023 with approximately 13.9 years remaining on the initial term; Absolute NNN lease with zero landlord responsibility for operating or capital expenses
