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14111 Southwest Fwy
Sugar Land, TX 77478
24 Hour Fitness · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Health Club
Building Size
52,184 SF
Building Class
B
Year Built
1994
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
5.10 AC
Zoning
XY
Parking
275 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
1,019’ on Parkway Blvd

Amenities

  • Freeway Visibility

About 14111 SOUTHWEST FWY , SUGAR LAND, TX 77478

The 47,991 square foot building is strategically positioned along Interstate 69 (198,509 VPD) which leads to downtown Houston and numerous retailers and offices. The 24 Hour Fitness property is just north of Sugar Land Town Square. Sugar Land Town Square consists of office space, condominiums, retail stores, restaurants, and a hotel (Sugar Land's City Hall and the corporate headquarters of Minute Maid, CVR Energy and the North American operations of the Cosentino Group). Retailers in the trade corridor consist of Target, Lowe’s, Whole Foods, Kroger and First Colony Mall (Dillard's, Macy's, Dick's Sporting Goods, JCPenney, AMC, Apple). The property is also near CHI St. Luke's Health–Sugar Land Hospital (100 beds) and Houston Methodist Sugar Land Hospital (305 Beds). Additionally, the property is adjacent a large UnitedHealthcare office. The subject property has a strong residual land value due to its frontage location along Interstate 69 and its close proximity to other high-rise offices. The subject property is a corporate 24 Hour Fitness location. 24 Hour Fitness is the world’s largest (by memberships) privately owned and operated fitness center chain, and third in number of clubs behind Gold’s Gym and Fitness First of the UK. 24 Hour Fitness is the perfect gym for people who want it all: the best fitness classes, premium gym amenities and much more. In May 2014, 24 Hour Fitness Worldwide Inc. was sold to a group of investors for $1.85 billion to an investment group led by AEA Investors LP and the Ontario Teachers' Pension Plan.

Property Taxes

Property Taxes

Parcel Number
0015-00-000-0138-907
Land Assessment
$4,375,194
Improvements Assessment
$833,371
Total Assessment
$5,208,565
  • Listing ID: 14575978

  • Date on Market: 12/7/2018

  • Last Updated:

  • Address: 14111 Southwest Fwy, Sugar Land, TX 77478

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