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Gold's Gym-San Antonio - Past Development - Sold

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12481 West IH-10
San Antonio, TX 78230
location map

Status: Sold, NNN Lease
Inquiries: Matthew Lutz


Overview

The property is part of a larger development known as Fiesta Trails and includes Target, Barnes and Noble, Ashley Furniture, Office Max, Marshall?s, Logan?s Roadhouse, Chili?s, Joe?s Crab Shack, Carraba?s, Outback Steakhouse, Act III Theater, HEB Grocery among others. The property has tremendous market appeal due to its excellent visibility and accessibility along the heavily traveled road of IH-10 and DeZavala. The building is 40,000 square feet and is located on 3.55 acres. The lease is corporately guaranteed and is an absolute triple net lease with a primary term of 15 years with two 5 year options. The lease has 15% rental bumps every 5 years through the term of the lease. Gold?s Gym has locations in 45 states, 27 countries and has over 3 million member as well as 650 locations world wide. Gold?s Gym is the gym of choice for athletes, entertainers and the masses with huge consumer demand for Gold?s-branded products and merchandise.