7300 W Greens Rd - Health Club FOR SALE


Houston, TX 77064
$6,850,000 USD
310-362-4303
7300 W Greens Rd, Houston, TX for Sale
$6,850,000 USD
Health Club - FOR SALE
1/3
null | 8% Cap Rate

7300 W Greens Rd
Houston, TX 77064


HIGHLIGHTS

  • Absolute Net Corporate Lease
  • Prime outparcel location situated on 5.51 acres, featuring exposure to over 120,000 vehicles per day along Highway 249
  • Thriving area with Amazon's new 400,000 SF delivery centers fuels record job growth

OVERVIEW

We are pleased to present an exclusive opportunity to acquire a single-tenant, Absolute Net 24 Hour Fitness property in Houston, Texas. The property features a corporate lease to 24 Hour Fitness USA, Inc. with over 7 years remaining on the initial term, including a 14% rent increase in 2026 and fair market value (“FMV”) increases in its option periods.

FOR SALE DETAILS

PRICE

$6,850,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

24 Hour Fitness

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

388

LAND DETAILS

LAND ACRES

5.51 AC

LAND SF

240,016 SF

ZONING

F1

APN/PARCEL ID

1180520010001

ASK ABOUT THIS PROPERTY

Kyle GulockCentury Partners Real Estate Inc.More Info
310-362-4303

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Kyle GulockCentury Partners Real Estate Inc.More Info
310-362-4303

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