Absolute NNN Fitness
172 Trailhouse Ln Forney, TX 75126
172 Trailhouse Ln, Forney, TX, 75126
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For Sale
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Pending
Absolute NNN leased Crunch Fitness property with a brand new 20-year term and extension options.
Days on Market89
Property Features for 172 Trailhouse Ln
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 7:04AM Checked: Jul 21 at 7:04AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease offers the opportunity to acquire the fee simple interest (land and building) in an absolute NNN leased Crunch Fitness investment property. The tenant has recently signed a brand new 20-year lease with three (3) additional five-year options to extend. The lease structure includes 10% rental increases every five years throughout the initial term and at the start of each option period.
The property is located just off US Highway 80, which is reported to carry over 70,900 vehicles per day. It sits within the center of a large retail development featuring national/credit tenants including Kroger, Kohl’s, Panera Bread, Buffalo Wild Wings, Outback Steakhouse, and Torchy’s Tacos, among others. The site is also located less than half a mile from Mustang Crossing, a Walmart Supercenter and Lowe’s anchored center with additional national/credit tenants.
As an absolute NNN investment, the lease is described as having zero landlord responsibilities, aligning with a management-free approach for a passive investor.
The property is located just off US Highway 80, which is reported to carry over 70,900 vehicles per day. It sits within the center of a large retail development featuring national/credit tenants including Kroger, Kohl’s, Panera Bread, Buffalo Wild Wings, Outback Steakhouse, and Torchy’s Tacos, among others. The site is also located less than half a mile from Mustang Crossing, a Walmart Supercenter and Lowe’s anchored center with additional national/credit tenants.
As an absolute NNN investment, the lease is described as having zero landlord responsibilities, aligning with a management-free approach for a passive investor.
Key Highlights
- Absolute NNN leased Crunch Fitness investment property with fee simple (land & building) ownership
- Tenant recently signed a brand new 20‑year lease with 3 (5‑year) extension options
- Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- CrossFit 75126 — 11820 N Profit Row, Forney, TX 75126
- Element Athletics — 11827 S Profit Row, Forney, TX 75126
- HOTWORX - Forney, TX — 490 Farm to Market 548 #160, Forney, TX 75126
- Delta Fit — 1024 Lufkin Ln, Forney, TX 75126
- BME Wellness Spa — 11805 Classic Ln, Forney, TX 75126
FAQs
What type of property is this?
Fitness center & gym - Absolute NNN leased Crunch Fitness property with a brand new 20-year term and extension options.
Where is this fitness center & gym located?
The property is located at 172 Trailhouse Ln Forney, TX.
What are key features of this property?
This property features: Absolute NNN leased Crunch Fitness investment property with fee simple (land & building) ownership; Tenant recently signed a brand new 20‑year lease with 3 (5‑year) extension options; Lease includes 10% rental increases every 5 years during the initial term and at the start of each option period