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Freestanding Health Club – Houston, TX

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Freestanding Health Club – Houston, TX

10707 Westheimer Rd.

Houston, TX 77042

Price:
$6,312,500
NOI:
$747,732
Rentable SQFT:
46,733 SF
Year Built:
1994
Lot Size:
6.24 AC
Type of Ownership:
Fee Simple
Status:
Available

Investment Highlights

  • Rare Repositioning Opportunity w/ Strong Fundamentals
  • Strategic Westchase Location, a Thriving Business District
  • Strong Demographics & Growth Potential

The NNN Fitness Group of Marcus & Millichap is pleased to present a 46,733-square-foot freestanding health club in Houston, TX. This offering presents a rare repositioning opportunity with strong market fundamentals in a high-growth area. The property is located on a large 6.24 AC lot and features 4+ months remaining on the current lease. This is an exceptional opportunity for an investor or owner-user to acquire a well-positioned asset in a prime location with significant upside potential.

Strategically located along Westheimer Road, one of Houston’s most prominent and high-traffic retail corridors, the property benefits from a combined traffic count of 216,942 vehicles per day. It sits just 6 miles from The Galleria, Texas’ highest-grossing retail center, which attracts 30 million visitors annually. The surrounding area includes affluent neighborhoods such as Memorial Villages and River Oaks, along with proximity to major business hubs like the Westchase District and the Energy Corridor.

The property is situated within a densely populated trade area with over 557,000 residents across 218,000 households within a 5-mile radius and an average household income of $80,156 within 3 miles. The Houston MSA, with a population of over 7 million, is known for its thriving economy, business-friendly environment, and strong job market, creating long-term demand for retail and lifestyle services.

 

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  • Confidentiality and Disclaimer

    The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NNN Fitness and distribution to any other person or entity without the express written consent of NNN Fitness is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NNN Fitness has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. NNN Fitness has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, NNN Fitness has not verified, and will not verify, any of the information contained herein, nor has NNN Fitness conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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For more information, please contact:

Mark Thiel

Senior Managing Director Investments

858-373-3206

Email & Bio »

Jake Bordelon

First Vice President Investments

858-373-3133

Email & Bio »

Timothy Speck

Broker of Record

License: 9002994