Club 4 Fitness & Ninja Nation

150 E FM 544, Murphy, TX
Deal Type:
Net Lease
Price:
$9,500,000
Cap Rate:
8.23%
Current Rent:
$782,250
Lease Type:
Triple Net
Renewal Options:
See OM
Building Sq. Ft.:
62,110 SF
Rent Increases:
See OM
Site Size:
5.92 Acres

Investment Highlights

  • Stabilized Asset: NNN leases provide ease of management with both tenants reimbursing their pro rata share of expenses.
  • Affluent DFW Location: The trade area has an average household income of $170,000 within a 1 mile radius.
  • Hard Corner Positioning: 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.
  • Strong Surrounding Demand Drivers: 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.
  • Favorable State Tax Laws: Texas is one of seven states that does not impose a state income or investment tax.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Graham Gold

Vice President
314 324 8792
[email protected]

Broker of Record: Kyler Bean TX Lic#: 646910

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