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Freestanding Health Club | Short Term Lease Expiring & Tenant Vacating | Prime Westchase Houston Location

$6,312,500

10707 Westheimer Road, Houston, TX 77042

Active
Last Updated: 03/18/2025

747,732

NOI

46,733 sqft

Building Size

Details:
NOI:    $747,732
Building Size:    46,733 sqft
Lot Area:    6.24 acres
Year Built:    1994
Tenancy:    Single
Parking Spots:    362
Gross Leaseable Area:    46,733
Investment Strategy:    Value Add
Lease Expire Year:    7/31/2025
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.

Map:
Documents:
Title
Freestanding_Health_Club__Houston__TX__Westheimer_Rd__-_OM.pdf
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Location
Gallery