- 45,000 SF LA Fitness situated on a 4.86 Acre Parcel
- 217 Feet of Frontage on Eldridge Parkway
- NNN Lease with No Landlord Responsibilities
- 6+ Years Remaining on Lease Term
- 7.5% Rent Increases Every 5 Years
- Corporate Lease Guarantee
Fortis Net Lease is pleased to present a LA Fitness located at 6386 N Eldridge Parkway in Houston, TX. This NNN lease has over six years remaining and will expire on February 29, 2024. There are no landlord responsibilities and the lease includes 7.5 percent rent increases every five years.
The subject property is situated in a densely populated area with over 275,000 residents within five miles and is located on a local retail corridor. The median home value within one mile exceeds $277,000 and the average household income exceeds $129,000. The subject property is located near other national retail tenants including Dollar Tree, Walgreens, Kroger, Family Dollar, Domino’s Pizza, Burger King, Pizza Hut, McDonalds and Starbucks.