Capital Square Realty acquires 24 Hour Fitness facility

A. Lee Graham

Reporter

 

Capital Square Realty Advisors LLC has acquired a 43,801-square-foot retail facility occupied by 24 Hour Fitness Super Sport in Keller on behalf of an affiliated entity.

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Located at 5901 Golden Triangle Blvd., the facility is 100 percent leased on a long-term basis to 24 Hour Fitness USA Inc.

 

“This property benefits from a high traffic count, given its proximity to nearly 200,000 people living within a five-mile radius, as well as its convenient location just off Interstate 377,” said Louis Rogers, founder and CEO of Capital Square Realty, commenting in a news release.

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The property has a remaining lease term of nearly 11 years, with three, five-year options, Rogers added.

 

The location offers patrons 239 parking spaces and is in close proximity to Albertsons, Walgreens and other retailers.

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Amenities of the fitness center include a full-sized basketball court, group exercise facilities, indoor lap pool, whirlpool, racquetball court, sauna and more.

 

lgraham@bizpress.net

 

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