17800 FM 529 Rd - Health Club FOR SALE


Houston, TX 77095
$11,341,450 USD
805-570-7430
17800 FM 529 Rd, Houston, TX for Sale
$11,341,450 USD
Health Club - FOR SALE
1/5
null | 7% Cap Rate

17800 FM 529 Rd
Houston, TX 77095


HIGHLIGHTS

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

OVERVIEW

The NNN Fitness group at 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.

FOR SALE DETAILS

PRICE

$11,341,450 USD

PRICE/SF

$252 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LA Fitness - Langham Creek

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

420

LAND DETAILS

LAND ACRES

6.76 AC

LAND SF

294,466 SF

ZONING

-

APN/PARCEL ID

1226090010008

ASK ABOUT THIS PROPERTY

Mark ThielMarcus & MillichapMore Info
805-570-7430

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Mark ThielMarcus & MillichapMore Info
805-570-7430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.