Planet Fitness Leases Retail Space In Lewisville, TX With Brokers Oliver Willman & Baylor Worman - Matthews Real Estate Investment Services
LEASED
Texas
See Similar DealsRetail20,105 SF
Leased 09/27/2023
LEASED
Planet Fitness Leases Retail Space In Lewisville, TX With Brokers Oliver Willman & Baylor Worman - Matthews Real Estate Investment Services
500 East Round Grove Road
See Similar DealsRetail20,105 SF
Leased 09/27/2023
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:20,105 SF
Transaction Type:Lease
A retail property located at 500 E Round Grove Rd. Suite 201-203 in Lewisville, TX has been leased. The property has a total size of 20,105 square feet and belongs to Bryan Ly, the landlord. The tenant who will occupy the space is Planet Fitness. The lease transaction was facilitated by Oliver Willman and Baylor Worman from Matthews Real Estate Investment Services.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not provided
- Address: 500 E Round Grove Rd. Suite 201-203, Lewisville, TX
- Market: Lewisville, TX
- Landlord: Bryan Ly
- Tenant: Planet Fitness
- Brokers: Oliver Willman and Baylor Worman - Matthews Real Estate Investment Services
The lease transaction of the retail property at 500 E Round Grove Rd. Suite 201-203 was overseen by Oliver Willman and Baylor Worman from Matthews Real Estate Investment Services. They acted as the brokers representing both parties involved in the deal, facilitating the lease agreement between the landlord, Bryan Ly, and the tenant, Planet Fitness.
Players
TENANT
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,152,406.47
Total Lease Value
$11,524,064.68
Net Landlord Cash Flow$1,152,406.47
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