7300 W Greens Rd - Health Club FOR SALE


Houston, TX 77064- Willowbrook
$6,260,000 USD
713-515-1367
7300 W Greens Rd, Houston, TX for Sale
$6,260,000 USD
Health Club - FOR SALE
1/9
null | 9.76% Cap Rate

7300 W Greens Rd
Houston, TX 77064
Willowbrook


HIGHLIGHTS

  • Substantial Land Parcel (5.50 Acres) with Long Term Redevelopment Potential Asset
  • Access to Houston’s Most Affluent and Expanding Consumer Bases: Local retailers include Dick’s Sporting Goods, Target, Academy Sports, and more.
  • Excellent Connectivity and Exposure in a High Traffic Corridor: Tomball Parkway (SH 249) has an average daily traffic count exceeding 148K VPD.
  • Delivered at a Fraction of Replacement Cost: The property is listed for $130.45 per square foot.

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.

FOR SALE DETAILS

PRICE

$6,260,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

9.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

24 Hour Fitness - Willowbrook

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

388

LAND DETAILS

LAND ACRES

5.5 AC

LAND SF

239,580 SF

ZONING

F1

APN/PARCEL ID

1180520010001

ASK ABOUT THIS PROPERTY

Scott JonesMarcus & MillichapMore Info
713-515-1367

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Scott JonesMarcus & MillichapMore Info
713-515-1367

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