24 Hour Fitness | Pearland, TX 77584
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
24 Hour Fitness
Pearland, TX 77584
Long Term Lease- Trophy Site- Top Location · Retail Property For Sale
Investment Highlights
- Long Term Corp. Lease by 24 Hour Fitness USA, Inc. - 12+ Yrs. plus Options - Open/Paying Full Rent
- 2nd Largest Fitness Chain in the U.S. - Iconic Brand Name with 430+ Locations across the Country
- Corporate Guarantee with 30% Rent Bump in 2024 - 10% Rent Bumps Every 5 Years - Minimal LL Duties
- Hyper-Dense Retail Corridor just off 288 Freeway - Adjacent to Home Depot/Walmart/Target/Kohl’s
- Affluent Suburb of Houston MSA - One of the Top Fastest Growing City Populations in the Entire Nation
- In Place Assumable Loan at 4.63% Interest Rate - Perfect 1031 Exchange Buyer Asset - Huge Cash on Cash
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
39,700 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
9.66 AC
Zoning
0046
Parking
350 Spaces (8.82 Spaces per 1,000 SF Leased)
Frontage
844 FT on Miller Ranch Rd
Amenities
- Monument Signage
PROPERTY TAXES
| Parcel Number | 7033-0001-000 | Improvements Assessment | $10,406,260 |
| Land Assessment | $1,331,780 | Total Assessment | $11,738,040 |
PROPERTY TAXES
Parcel Number
7033-0001-000
Land Assessment
$1,331,780
Improvements Assessment
$10,406,260
Total Assessment
$11,738,040
Learn More About Investing in Retail Properties
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
