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Spec's & Planet Fitness | 10 Yrs WALT 6704 Lake Worth Blvd 48,861 SF 100% Leased Retail Building Lake Worth, TX 76135 $9,670,000 ($197.91/SF) 6.35% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Multi-Tenant Retail Opportunity | Options To Extend | 10 Years WALT
  • Across Near Target Anchored Center | Dense Retail Corridor | Highly Trafficked Area | Frontage Visbility
  • NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 2-building, multi-tenant retail investment opportunity in Lake Worth, Texas. The offering features a diverse lineup of tenants including Spec’s and Planet Fitness, which have approximately 10 years of weighted lease term remaining on their current leases. The leases are NNN in nature with landlord responsibilities limited to roof, structure, and CAM, making it an ideal, low management investment opportunity.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
48,861 SF
Year Built/Renovated
1996/2025
Price
$9,670,000
Price Per SF
$197.91
Cap Rate
6.35%
NOI
$614,054
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
5.24 AC
Zoning
HC - Highway Corridor District
Parking
358 Spaces (7.33 Spaces per 1,000 SF Leased)

AMENITIES

  • Dedicated Turn Lane
  • Signage

NEARBY MAJOR RETAILERS

Starbucks
Bank Of Texas
Chili's Grill & Bar
Taco Bueno
Spring Creek Barbeque
Bank of America
Woodforest National Bank
Planet Fitness
Chase Bank
Jason's Deli

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06989012
Land Assessment
$1,144,180
Improvements Assessment
$2,555,820
Total Assessment
$3,700,000
  • Listing ID: 39179316

  • Date on Market: 1/22/2026

  • Last Updated:

  • Address: 6704 Lake Worth Blvd, Lake Worth, TX 76135

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