8900 S Congress Ave | Austin, TX 78745
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- LoopNet Team
8900 S Congress Ave
Austin, TX 78745
Brand-New Gold's Gym | 15-Yr | NNN | TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15-Year Lease – Gold’s Gym signed a brand-new, 15-year lease that commenced in early 2020.
- Gold’s Gym is one of the largest gym brands in the world, with over 700 locations in 28 countries and a leader in the now $84B global fitness industry
- NNN Lease – In addition to base rent, the tenant reimburses for taxes, common area maintenance, building repairs, and insurance
- Gold’s is paying just $13 PSF annually and has fixed, 10% rental increases through the initial term and option periods
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
38,000 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
5.24 AC
PROPERTY TAXES
| Parcel Number | 889848 | Improvements Assessment | $3,865,540 |
| Land Assessment | $3,067,955 | Total Assessment | $6,933,495 |
PROPERTY TAXES
Parcel Number
889848
Land Assessment
$3,067,955
Improvements Assessment
$3,865,540
Total Assessment
$6,933,495
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