Fitness Center with Absolute NNN
301 Main Street Hereford, TX 79045
301 Main Street, Hereford, TX, 79045
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For Sale
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Pending
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 Market89
Property Features for 301 Main Street
General Information
- Standard status
- Pending
- Size
- 6,972 SF
- Property subtype
- Retail
Listing agency
Cushman & Wakefield - San Diego, California
Listed by
Brandon Price · License #CA 01822998
Source
Crexi
Added: Apr 24 Updated: Jul 20 at 8:56PM Checked: Jul 21 at 12:01PM
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
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
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
FAQs
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
