1100 Trinity St Whitney, TX 76692
- Commercial real estate
- 12,250 SF
- 1.00 lot acres
Current Use by Public Records
- Anytime Fitness / Gym / Fitness Center
Property Details for 1100 Trinity St
- Year built
- 2000
- Lot size
- 1.00 lot acres
- Property size
- 12,250 SF
- Property type
- Commercial real estate
- APN
- 241154
- APU
- 241154
Description
This exceptional investment opportunity presents a 4,200 square foot Anytime Fitness located at 1100 N Trinity St, Whitney, TX 76692. The property sits on a one-acre lot at a major intersection with high daily traffic counts exceeding 10,600 vehicles. The absolute NNN lease, with zero landlord responsibilities, boasts a substantial remaining term of over 10.6 years, extending to June 30, 2035, with two 5-year renewal options. The lease commenced February 1, 2020, and includes significant rent bumps: a 15% increase in 2030 and 10% increases between each renewal option. The tenant, a large Anytime Fitness franchisee with over 250 global locations, provides exceptional stability. The property's prime location is complemented by nearby businesses such as Brookshire's, First Security State Bank, Dollar General, McDonald's, and Sonic. The asking price is $1,089,474, offering a compelling 7.60% cap rate and a net operating income (NOI) of $82,800. This is a rare opportunity to acquire a well-positioned, high-performing asset with a strong tenant and significant long-term growth potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Whitney
- County
- Hill
- State
- Texas
- Longitude
- -97.3211
- Latitude
- 31.96
