Fitness Center Investment
For Sale
$749,900
4800 Joe Ramsey Boulevard E E, Greenville, TX 75401
Established gym tenant occupies a landscaped, sprinklered facility with substantial parking and highway exposure.
Property Size5,120 SF
Price / SF$146.46
Days on Market54
Property Features for 4800 Joe Ramsey Boulevard E E
General Information
Standard status
Active
Size
5,120 SF
Total Parking Spaces
40
Additional Details
Cap Rate
6.04%
Highway Access
Yes
Sprinkler System
Yes
Building Details
Tenancy
Single
Listing Agency:
Century 21 First Group
(903) 455-5852
Listed By:
James Hulett · License #0854766
(903) 885-3146
Source:
Yplusa
Added: Aug 30
Changed: Oct 16
Last Checked: Oct 20 at 8:02PM
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 Century 21 First Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 5,120 SF fitness facility is occupied by an established multi-unit franchisee and includes a sprinklered building, landscaped grounds, and 40 parking spaces. Approximately 225 feet of frontage along Highway 69 supports the property’s street presence and access.
The tenant started a new 5-year lease term on November 25, 2025, leaving approximately 4 years and 4 months on the current term. The lease also includes a 5-year option with a 10% rent increase. The property is positioned directly across from Hunt Regional Medical Center, and the stated investment metrics include a 6.04% cap rate.
The tenant started a new 5-year lease term on November 25, 2025, leaving approximately 4 years and 4 months on the current term. The lease also includes a 5-year option with a 10% rent increase. The property is positioned directly across from Hunt Regional Medical Center, and the stated investment metrics include a 6.04% cap rate.
Key Highlights
- 5,120 SF fitness facility occupied by an established multi‑unit franchisee
- Approximately 225 feet of frontage along Highway 69
- 40 parking spaces with sprinklered, landscaped grounds
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75401, TX
19,550
Population
9,067
Households
2.2
Avg Household Size
34
Median Age
14%
College-Educated
82%
High-School Grad
108.1 sq mi
ZIP Area
181
Density / Sq Mi
$57,335
Median Household Income
$33,244
Median Earnings
$1,157
Median Rent
$163,100
Median Home Value
Similar Off Market Nearby
- Planet Fitness — 3200 joe ramsey blvd e, greenville, tx 75401
- Anytime Fitness — 4800 Joe Ramsey Blvd E, Greenville, TX 75401
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Established gym tenant occupies a landscaped, sprinklered facility with substantial parking and highway exposure.
Where is this fitness center & gym located?
The property is located at 4800 Joe Ramsey Boulevard E E Greenville, TX.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 5,120 SF fitness facility occupied by an established multi‑unit franchisee; Approximately 225 feet of frontage along Highway 69; 40 parking spaces with sprinklered, landscaped grounds
