STREAM Capital Partners > Properties > All Properties > Club 4 Fitness & Ninja Nation

Club 4 Fitness & Ninja Nation

Net Lease

150 E FM 544, Murphy, Texas
Ownership Type:
Fee Simple
Price:
$9,500,000
Cap Rate:
8.23%
Current Rent:
$782,250
Tenancy:
Multi-Tenant
Lease Type:
Triple Net
Building Sq. Ft.:
62,110 SF
Site Size:
5.92 Acres

Investment Highlights

  • NNN leases provide ease of management with both tenants reimbursing their pro rata share of expenses.
  • The trade area has an average household income of $170,000 within a 1 mile radius.
  • Located at the SEC of the signalized intersection of E Farm to Market 544 and S Murphy Rd which has a combined traffic count of 54,960 VPD.
  • Situated in a dense retail corridor across the street from Walmart, Lowe’s, and Hobby Lobby with other national nearby tenants including Target, TJ Maxx, Home Goods, Sprouts Farmers Market, Aldi, and Kroger.
  • Texas is one of seven states that does not impose a state income or investment tax.
Ownership Type:
Fee Simple
Price:
$9,500,000
Cap Rate:
8.23%
Current Rent:
$782,250
Lease Type:
Triple Net
Building Sq. Ft.:
62,110 SF
Site Size:
5.92 Acres

Listing Agents

Connor Shell

Managing Director
407.913.9009[email protected]

Graham Gold

Vice President
314 324 8792[email protected]

Analyst

Ben Hollis

Analyst
256.595.2574[email protected]

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