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Fitness Center

24 Hour Fitness - Willowbrook

7300 W Greens Rd, Houston, TX 77064

Listing Price: $6,260,000

Cap Rate
9.98%
Tenant Name
24 Hour Fitness
Years Remaining On Lease
5.0
Gross SF
47,988
Guarantor
Corporate Guarantee
Rentable SF
47,988
Price/Gross SF
$130.45
Lease Type
Absolute Net
Rent Per Square Feet
$13.02

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 24 Hour Fitness - Willowbrook. This 47,988-square-foot freestanding building, situated on 5.50 acres, represents a compelling investment opportunity in one of Houston’s most dynamic growth corridors. Originally constructed in 1994 and renovated in 2018, the property provides investors with a substantial footprint at a basis well below replacement cost in a high-barrier-to-entry submarket.

Located in Northwest Houston—an area experiencing significant residential and commercial expansion—the property benefits from shifting population and income growth patterns favoring the Tomball/Willowbrook submarket. The immediate trade area is characterized by dense demographics, strong consumer demand, and sustained development activity.

The asset enjoys high visibility along Tomball Parkway (State Highway 249), with average daily traffic counts exceeding 148,000 vehicles per day, and is just minutes from Willowbrook Mall, one of the region’s top-performing retail hubs. This positioning ensures strong long-term fundamentals for both occupancy and rent growth, whether for traditional retail, medical, or service-oriented uses.

Investment Highlights

  • Substantial Land Parcel (5.50 Acres) with Long Term Redevelopment Potential Asset
  • Access to One of Houston's Most Affluent and Expanding Consumer Bases: Local retailers include Dick's Sporting Goods, Target, Academy Sports, Costco, Sam's Club, Macy's, Old Navy, Best Buy, and more.
  • Excellent Connectivity and Exposure in a High Traffic Corridor: Tomball Parkway (State Highway 249) has an average daily traffic count exceeding 148,000 vehicles per day.
  • Delivered at a Fraction of Replacement Cost: The property is listed for $130.45 per square foot.

Exclusively Listed By

Financing By

Fitness Center

24 Hour Fitness - Willowbrook

Listing Price: $6,260,000

Cap Rate
9.98%
Tenant Name
24 Hour Fitness
Years Remaining On Lease
5.0
Gross SF
47,988
Guarantor
Corporate Guarantee
Rentable SF
47,988
Price/Gross SF
$130.45
Lease Type
Absolute Net
Rent Per Square Feet
$13.02

Investment Highlights

  • Substantial Land Parcel (5.50 Acres) with Long Term Redevelopment Potential Asset
  • Access to One of Houston's Most Affluent and Expanding Consumer Bases: Local retailers include Dick's Sporting Goods, Target, Academy Sports, Costco, Sam's Club, Macy's, Old Navy, Best Buy, and more.
  • Excellent Connectivity and Exposure in a High Traffic Corridor: Tomball Parkway (State Highway 249) has an average daily traffic count exceeding 148,000 vehicles per day.
  • Delivered at a Fraction of Replacement Cost: The property is listed for $130.45 per square foot.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale 24 Hour Fitness - Willowbrook. This 47,988-square-foot freestanding building, situated on 5.50 acres, represents a compelling investment opportunity in one of Houston’s most dynamic growth corridors. Originally constructed in 1994 and renovated in 2018, the property provides investors with a substantial footprint at a basis well below replacement cost in a high-barrier-to-entry submarket. Located in Northwest Houston—an area experiencing significant residential and commercial expansion—the property benefits from shifting population and income growth patterns favoring the Tomball/Willowbrook submarket. The immediate trade area is characterized by dense demographics, strong consumer demand, and sustained development activity. The asset enjoys high visibility along Tomball Parkway (State Highway 249), with average daily traffic counts exceeding 148,000 vehicles per day, and is just minutes from Willowbrook Mall, one of the region’s top-performing retail hubs. This positioning ensures strong long-term fundamentals for both occupancy and rent growth, whether for traditional retail, medical, or service-oriented uses.

Exclusively Listed By

Financing By

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