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1/28/26
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A 40k sf Crunch Fitness property in Rowlett, TX traded hands in a $13.75 mil ($344/sf) transaction. The building sits on 5.52 acres at 3601 Lakeview Pkwy, just west of the President George Bush Turnpike.
The property was recently remodeled for Crunch Fitness, which opened its doors in October 2025 with a new 15-year corporate-guaranteed lease in place. Also within the property is a 990 sf 151 Coffee that has 13 years remaining on its ground lease. The property is located within a dense retail corridor with nearby national brands that include The Home Depot, Walmart Supercenter, and Target, among others.
Matthew Mousavi and Patrick Luther with SRS Capital Markets represented both the seller, a multi-state developer, and the buyer, a publicly traded REIT.
“Crunch Fitness is a proven and growing fitness brand,” said Mousavi. “This asset provides the new ownership with a long-term lease, minimal landlord responsibilities, and a passive cash-flowing income with scheduled rent increases in an income tax-free state that continues to see an influx of residents and business.”
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