NNN Fitness Center with Long
1824 W SLAUGHTER LN Austin, TX 78748
1824 W SLAUGHTER LN, Austin, TX, 78748
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For Sale
Contact for pricing
Single fitness club studio is secured by an 18-year lease with scheduled 10% increases every five years.
Property Size37,000 SF
Price / SF$488.98
Days on Market23
Property Features for 1824 W SLAUGHTER LN
General Information
- Standard status
- Active
- Size
- 37,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agency
Marcus & Millichap - Oklahoma City
Listed by
Tim Speck · License #9002994
Source
Crexi
Added: Jun 30 Updated: Jul 21 at 9:29PM Checked: Jul 21 at 9:29PM
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 Marcus & Millichap - Oklahoma City
Investment Insights
Based on property information with market context.
The property is a 37,000-square-foot club studio operated under a long-term net lease structure. The facility is secured by a brand new 18-year lease with Fitness International, LLC, including built-in 10% rental increases every five years, plus two additional five-year renewal options. The asset is a recent conversion of a former LA Fitness location, with a grand opening scheduled for August 2026.
Located along W. Slaughter Lane in South Austin, the club studio benefits from visibility within a high-traffic retail corridor and proximity to I-35. The trade area is described as supported by affluent demographics, with average household incomes exceeding $130,000 within a one-mile radius, along with significant population density and continued residential growth.
Fitness International, LLC operates 700+ locations nationwide and is referenced as maintaining an S&P credit rating of B/Positive, providing tenant-credit support for the long-term lease structure.
Located along W. Slaughter Lane in South Austin, the club studio benefits from visibility within a high-traffic retail corridor and proximity to I-35. The trade area is described as supported by affluent demographics, with average household incomes exceeding $130,000 within a one-mile radius, along with significant population density and continued residential growth.
Fitness International, LLC operates 700+ locations nationwide and is referenced as maintaining an S&P credit rating of B/Positive, providing tenant-credit support for the long-term lease structure.
Key Highlights
- 37,000 SF Club Studio (Year built: 2015) on W. Slaughter Lane in Austin, TX
- Secured by an 18‑year lease with Fitness International, LLC
- Lease includes 10% rental increases every five years
Property Analytics
Location Intelligence
Current Use by Public Records
Flooring Warehouse
Hardware & Home Improvement
Amazon Hub Locker ...
Postal Service
LA Fitness
Gym & Fitness Center
British Swim School ...
Swim Club
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FAQs
What type of property is this?
Fitness center & gym - Single fitness club studio is secured by an 18-year lease with scheduled 10% increases every five years.
Where is this fitness center & gym located?
The property is located at 1824 W SLAUGHTER LN Austin, TX.
What is the asking price?
The asking price for this property is $18,092,300.
What are key features of this property?
This property features: 37,000 SF Club Studio (Year built: 2015) on W. Slaughter Lane in Austin, TX; Secured by an 18‑year lease with Fitness International, LLC; Lease includes 10% rental increases every five years
