380 US-175 Frontage Rd
Seagoville, TX 75159
Retail Property For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net leased Anytime Fitness in Dallas (Seagoville), Texas. The property consists of a 5,600 square foot, freestanding building that sits on approximately 0.93 acres of land. There are approximately 9.1 years remaining on the current lease term, with a seven percent rental escalation in 2021, as well as a two percent annual increase in the option thereafter. The property has excellent visibility and access from U.S. Highway 175, where traffic counts exceed 48,000 vehicles per day. The property benefits from easy access to Super Walmart and other national retailers including Wendy’s, AutoZone, AT&T, and Ace Hardware. Other surrounding retailers in the immediate area include Denny’s, Walgreens, Dollar Tree, Taco Bell, Papa John’s, McDonald’s, Domino’s Pizza, and many more. Anytime Fitness is a privately-held company headquartered in Woodbury, Minnesota. The company operates over 4,000 franchised locations in 30 countries. The gym facilities are open 24 hours a day, 365 days a year. It was the fastest growing health club franchise in 2014 and was ranked first on Entrepreneur Magazine’s global franchise list. In February 2005, Anytime Fitness opened its 77th club, the first location outside of the United States, in Halifax, Nova Scotia, Canada. By 2008, the company was approaching 700 franchisees in 45 U.S. states and Canada. At that time, the company also operated 12 corporately owned locations. In January 2009, the company opened its 1000th club in Wake Village, Texas. By October 2009, the company had more than 1,200 clubs with around 800,000 members. In mid-2010, the company announced plans to open clubs in Japan, Belgium, the Netherlands, Luxembourg, the United Kingdom, and Ireland. At that point, it had already expanded into Mexico and India. Seagoville is approximately 20 miles southeast of Dallas, alongside U.S. Highway 175. The Dallas/Fort Worth metroplex is the largest metro area in Texas and the fourth largest in the United States. The Metroplex is home to more than 6.3 million residents and has one of the nation’s strongest job markets. The Metroplex led the nation in population growth over the last decade, adding approximately 1.3 million residents. The Dallas/Forth Worth metroplex added approximately 126,037 residents from July 2010 to July 2011 and continues to be one of the fastest-growing metropolitan locations in the United States.