Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

LA Fitness 4900 W University Dr 37,000 SF Retail Building Prosper, TX 75078 $11,828,160 ($319.68/SF) 6.25% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Structured Rental Escalations: Base rent increases every five years, including within option terms, providing a predictable and growing income stream.
  • Institutional-Quality Tenant: LA Fitness operates over 700 locations nationwide with more than 35 years of operational history.
  • Top-Performing Location: According to Placer.ai, this LA Fitness ranks as the #1 location in the Dallas–Fort Worth Metroplex for foot traffic.
  • NN+ Lease Structure: Long term lease with minimal landlord responsibilities, offering passive cash flow and operational simplicity.
  • E-Commerce Resilient Use: Fitness centers are inherently resistant to online disruption, offering experiential, service-based uses.

EXECUTIVE SUMMARY

Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
37,000 SF
Building Class
B
Year Built
2022
Price
$11,828,160
Price Per SF
$319.68
Cap Rate
6.25%
NOI
$739,260
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
4.08 AC
Zoning
C (Commercial)
Parking
250 Spaces (6.76 Spaces per 1,000 SF Leased)

NEARBY MAJOR RETAILERS

LA Fitness
Club Pilates
Dutch Bros Coffee
InTouch Credit Union
Mod Pizza
First Watch
Salad and Go
Pei Wei Asian Diner
IHOP
Torchy's Tacos

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R752740
Land Assessment
$3,557,110
Improvements Assessment
$4,942,890
Total Assessment
$8,500,000
  • Listing ID: 38227202

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: 4900 W University Dr, Prosper, TX 75078

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}