Freestanding Health Club | Short Term Lease Expiring & Tenant Vacating | Prime Westchase Houston Location
$6,312,500
10707 Westheimer Road, Houston, TX 77042
747,732
NOI
46,733 sqft
Building Size
Details:
Highlights:
- Rare Repositioning Opportunity w/ Strong Fundamentals
- Strategic Westchase Location, a Thriving Business District
- Strong Demographics & Growth Potential
Description:
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.
Documents:
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