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Fitness Center

LA Fitness | Langham Creek, TX

17800 FM 529, Houston, TX 77095

Listing Price: $11,341,450

Cap Rate
7.00%
Tenant Name
LA Fitness
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
45,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.64

Investment Overview

Marcus & Millichap is pleased to bring to market a top-performing, single-tenant LA Fitness property located in Langham Creek, TX, just 20 miles from Downtown Houston. This 45,000-square-foot facility is backed by a brand-new 15-year corporate lease extension with Fitness International, LLC, the largest non-franchised health club operator in North America. The tenant has committed over $2.25 million in upcoming capital improvements, signaling long-term confidence and continued success at this flagship location. With a passive NNN lease structure, strong tenant credit, and proximity to key economic drivers in Houston, this offering presents a rare opportunity to acquire a trophy asset with long-term income stability.

Strategically positioned near the intersection of FM 529 and Barker Cypress Rd, the property benefits from strong traffic counts exceeding 62,000 VPD and a dense, growing trade area with more than 324,000 residents within a 5-mile radius. This location ranks as the #1 LA Fitness within a 15-mile radius and falls in the top 5% of clubs statewide.

Investment Highlights

  • Brand New 15 Year Extension & Upcoming Remodel
  • Corporate-Backed Security
  • Dense & Growing Trade Area
  • Top Performing Location

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Fitness Center

LA Fitness | Langham Creek, TX

Listing Price: $11,341,450

Cap Rate
7.00%
Tenant Name
LA Fitness
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
45,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.64

Investment Highlights

  • Brand New 15 Year Extension & Upcoming Remodel
  • Corporate-Backed Security
  • Dense & Growing Trade Area
  • Top Performing Location

Investment Overview

Marcus & Millichap is pleased to bring to market a top-performing, single-tenant LA Fitness property located in Langham Creek, TX, just 20 miles from Downtown Houston. This 45,000-square-foot facility is backed by a brand-new 15-year corporate lease extension with Fitness International, LLC, the largest non-franchised health club operator in North America. The tenant has committed over $2.25 million in upcoming capital improvements, signaling long-term confidence and continued success at this flagship location. With a passive NNN lease structure, strong tenant credit, and proximity to key economic drivers in Houston, this offering presents a rare opportunity to acquire a trophy asset with long-term income stability. Strategically positioned near the intersection of FM 529 and Barker Cypress Rd, the property benefits from strong traffic counts exceeding 62,000 VPD and a dense, growing trade area with more than 324,000 residents within a 5-mile radius. This location ranks as the #1 LA Fitness within a 15-mile radius and falls in the top 5% of clubs statewide.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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