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Spec's & Planet Fitness 6704 Lake Worth Blvd 48,861 SF 100% Leased Retail Building Lake Worth, TX 76135 $9,374,870 ($191.87/SF) 6.55% Cap Rate

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Executive Summary

DUWEST Investment Sales is pleased to present the opportunity to acquire Spec's & Planet Fitness, a 48,861 SF, two-tenant retail property at 6708 Lkae Worth Blvd. in Lake Worth, TX, strategically positioned along Lake Worth Blvd (44,120 VPD) with direct access to Highway 820 (116,790 VPD). Recently remodeled and 100% leased to two credit-worthy operators, the asset sits adjacent to Target-anchored Lake Worth Towne Crossing (2.7M annual visits) and a Walmart Supercenter (2.9M annual visits) with proximity to major employers like Lockeed Martin (16,900 employees) and Naval Air Station JRB (10,000 employees). Both tenants recently signed new 10-year leases with contractual rent growth. With NNN lease structures, built-in escalations, and a best-in-class tenant mix, the Property is well positioned for long-term income certainty backed by high-credit tenants.

Lake Worth OM July 2026 web

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Health Club

Building Size

48,861 SF

Building Class

Year Built/Renovated

1996/2025

Price

$9,374,870

Price Per SF

$191.87

Cap Rate

6.55%

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)

Frontage

322’ on Azle Avenue

Dedicated Turn Lane

Signage

Air Conditioning

1 1

Map
Traffic

Fairly walkable

50/100

Exceptionally drivable

100/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Number	06989012	Improvements Assessment	$2,555,820
Land Assessment	$1,144,180	Total Assessment	$3,700,000

Property Taxes

Parcel Number

06989012

Land Assessment

$1,144,180

Improvements Assessment

$2,555,820

Total Assessment

$3,700,000

(214) 675-3665

Contacts

Will Walters
Bill Pyle
Alex Speed Throckmorton
Matt Banas
Josie Trent
Griffin Till
DUWEST

Listing ID: 41639352
Date on Market: 8/10/2026
Last Updated:
Address: 6704 Lake Worth Blvd, Lake Worth, TX 76135

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Spec's & Planet Fitness | 6704 Lake Worth Blvd

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