LA Fitness

Northwest San Antonio/Helotes corridor in the San Antonio MSA.NAI Excel is pleased to present the opportunity to acquire LA Fitness at 9955 Braun Road (Building 2) in Helotes, Texas, a newly commenced long-term net-leased investment located in one of San Antonio’s most supply-constrained, high-growth residential corridors. The offering features approximately 15 years of primary term remaining (lease commencement March 14, 2025; expiration March 13, 2040) with contractual 10% rental increases every five years and three (3) five-year renewal options, each with 10% increases, providing investors with embedded income growth and long-duration cash flow visibility. LA Fitness is a proven national health club concept operating within a resilient consumer category supported by strong household formation, lifestyle migration, and sustained demand for premium fitness and wellness offerings. The asset is positioned along Braun Road, benefiting from strong connectivity to Loop 1604 and the broader Far West / Northwest San Antonio trade area—an established, mature submarket with continuing infill growth, expanding rooftops, and durable retail demand drivers. Combined with the property’s irreplaceable land position and long-term corridor momentum, this offering represents a high-quality, inflation-hedged net lease opportunity designed to preserve capital and support premium valuation over time.