Fitness Center
LA Fitness | S&P 'B' Stable | Recent Extension | Healthy Rent & Price Point | Houston, TX
19550 Restaurant Row, Houston, TX 77084
Listing Price: $11,667,857
Investment Overview
Marcus and Millichap is pleased to offer this rare opportunity to purchase a freestanding 45,000 SF LA Fitness in Houston, TX. LA Fitness executed a new 15-year extension in 2020 demonstrating their long-term success and commitment to this location. Situated only 23 miles east of Houston this property boasts a 5-mile population of 263,512, with an average household income of $107,521.
The property benefits from its proximity to adjacent national and local retailers including Ashley Furniture, At Home, H-E-B, Kohl’s, Panera Bread, Massage Envy, Applebee’s, Lowe’s, Home Depot, Hobby Lobby, The Vitamin Shoppe, and many more.
Investment Highlights
- Recent 15-Year Extension
- Low Rent & Price Per/SF
- Top Performing Health Club Chain
- S&P Upgrade "B/Stable" Rating
- Excellent Demographics
Exclusively Listed By
Broker of Record
Financing By
Fitness Center
LA Fitness | S&P 'B' Stable | Recent Extension | Healthy Rent & Price Point | Houston, TX
Listing Price: $11,667,857
Investment Highlights
- Recent 15-Year Extension
- Low Rent & Price Per/SF
- Top Performing Health Club Chain
- S&P Upgrade "B/Stable" Rating
- Excellent Demographics
Investment Overview
Marcus and Millichap is pleased to offer this rare opportunity to purchase a freestanding 45,000 SF LA Fitness in Houston, TX. LA Fitness executed a new 15-year extension in 2020 demonstrating their long-term success and commitment to this location. Situated only 23 miles east of Houston this property boasts a 5-mile population of 263,512, with an average household income of $107,521. The property benefits from its proximity to adjacent national and local retailers including Ashley Furniture, At Home, H-E-B, Kohl’s, Panera Bread, Massage Envy, Applebee’s, Lowe’s, Home Depot, Hobby Lobby, The Vitamin Shoppe, and many more.
Exclusively Listed By
Broker of Record
Financing By
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