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Long-Term Leased Fitness Center

FALCON VIEW DR, McKinney, TX

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NN leased fitness center with corporate tenant and rental increases.

Type:RETAIL

Property size:

37,000 SF

Lot size:

5.23 Acres

HighLights

Long‑term NN lease with approximately 6 years remaining and limited landlord responsibilities (roof and structure only).
Credit tenant: corporate lease signed by Fitness International, LLC (“B” Stable by S&P).
Densely populated and affluent trade area: over 257,800 residents and $196,700 average household income.
Inflation hedge: rental increases every 5 years.
Top ranked location: Placer.ai ranked in top 29% in Texas.
Strong sales: LA Fitness FY24 sales estimated at $2.3 billion, up 10%.

We can help!

Contact an agent

Chuck Klein

Learn more

For Lease

Contact for pricing

NN leased fitness center with corporate tenant and rental increases.

Type:RETAIL

Property size:

37,000 SF

Lot size:

5.23 Acres

Added:: Nov 24, 2025
Days on Market:: 225
Last Refresh:: Jul 4 at 5:18 am

Property Features for FALCON VIEW DR

General Information

Standard status: Active
Size: 37,000 SF
Lot size: 5.23 Acres
Property subtype: RETAIL

We can help!

Contact an agent

Chuck Klein

Listing office SRS Real Estate Partners | San Diego

Listing date Nov 24, 2025

Source Moodyscre

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 | San Diego

HighLights

Long‑term NN lease with approximately 6 years remaining and limited landlord responsibilities (roof and structure only).
Credit tenant: corporate lease signed by Fitness International, LLC (“B” Stable by S&P).
Densely populated and affluent trade area: over 257,800 residents and $196,700 average household income.
Inflation hedge: rental increases every 5 years.
Top ranked location: Placer.ai ranked in top 29% in Texas.
Strong sales: LA Fitness FY24 sales estimated at $2.3 billion, up 10%.

Overview

This property is a fee simple ownership opportunity with a long-term net-net (NN) lease. Approximately 6 years remain on the lease, making it suitable for passive or out-of-town investors due to limited landlord maintenance and expense responsibilities. The landlord is responsible for the roof, which has a warranty, and the structure. The lease includes rental increases every 5 years throughout the initial term and at the beginning of each option, increasing the net operating income (NOI) and providing a hedge against inflation. The lease is signed by Fitness International, LLC, which is rated 'B' Stable by S&P. Fitness International is the largest non-franchised fitness club operator in the US, with over 728 locations nationwide. LA Fitness’ sales for FY24 are estimated to have grown by 10% to $2.3 billion. The location is ranked in the top 29% in Texas and top 25% (#3 of 8) within 15 miles based on the number of visits over the past 12 months, according to Placer.ai. The property is situated in a densely populated and affluent trade area with more than 257,800 residents and 47,000 employees within a 5-mile radius. The average household income exceeds $196,700 and is projected to increase to $213,000 by 2030. The property is approximately 37,000 square feet.

Location Intelligence

Current Use by Public Records

Fitness centers & gyms

Similar Places Nearby

Club Pilates — 9245 Virginia Pkwy STE 200, McKinney, TX 75071
Body By Brig — 8405 beech ln, mckinney, tx 75070
LUNASpirit Reiki — 925 Golden Bear Ln, McKinney, TX 75072
LA Fitness — 9050 Falcon View Dr, McKinney, TX 75070
Firefighting Fit — 9509 Deerhurst Pl, McKinney, TX 75072

Map

City: McKinney
County: Collin
State: Texas
Longitude: -96.7298
Latitude: 33.2001

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What type of property is this?

Fitness center & gym - NN leased fitness center with corporate tenant and rental increases.

Where is this fitness center & gym located?

The property is located at FALCON VIEW DR McKinney, TX.

What are key features of this property?

This property features: Long‑term NN lease with approximately 6 years remaining and limited landlord responsibilities (roof and structure only).; Credit tenant: corporate lease signed by Fitness International, LLC (“B” Stable by S&P).; Densely populated and affluent trade area: over 257,800 residents and $196,700 average household income.

FALCON VIEW DR, McKinney, TX

NN leased fitness center with corporate tenant and rental increases.

Property Features for FALCON VIEW DR

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Lease

Move-In Office or Medical Suite

Turnkey Office Suite with Reception

Medical Office Suite with Private Rooms

Corner Medical Office Condo

Fully Finished Office Suite with Reception

New Single-Story Office Space

Move-In-Ready Office Condominium

Office Condo Suite with Four Offices

Church Building with Educational Space

Fully Furnished Private Office

Fully Furnished Private Office Space

Turnkey Office Suite Near Entrance

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