1551 E Debbie Ln
Mansfield, TX 76063
Life Time Fitness: Mansfield, TX · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer the opportunity to acquire a 129,155-square-foot freestanding Life Time Fitness situated on 13.13 acres in Mansfield, Texas, which is an affluent suburb within the Dallas-Fort Worth MSA (Population: 7.1 million). Built in 2008, Life Time' s 20-year absolute NNN lease has 18.25 years of primary term remaining with 10% rent increases every 5 years. The property is ideally positioned with excellent access and visibility on East Debbie Lane (Traffic Count: 19,739 VPD), just east of its intersection with Matlock Road (Traffic Count: 27,639 VPD), which intersects with I-20 in the city of Arlington (12 miles to the north). The site is also just 2 miles east of US Highway 287 (Traffic Count: 60,000 VPD), which provides direct access to Downtown Fort Worth (17 miles to northwest). Additionally, Life Time is located within one of Mansfield' s primary retail corridors and is strategically situated adjacent to ALDI and across East Debbie Lane from Mansfield Market Centre, a newly-constructed 52,150-square-foot Class A shopping center anchored by Sprouts Farmers Market. The other two corners of the immediate intersection are anchored by Kroger and Walmart Neighborhood Market. Mansfield' s other major retail corridor is located less than 2 miles southwest of the site on East Debbie Lane and features multiple national big box retailers including Target, The Home Depot, Lowe' s Home Improvement and Sam' s Club, among many others.