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|Tenant||Empower Fitness Labs|
Empower Fitness Lab, a single-tenant property, is up for sale in the high-growth Washington Ave Corridor in Houston, Texas. The tenant operates with 3 years remaining on a modified net lease featuring annual rental increases in the option periods. Given the robust development activity along the Washington Avenue corridor, future ownership has security in the underlying value of the real estate. This offering presents the unique opportunity to acquire a high-yield property with tremendous future potential within one of Houston's burgeoning sub-markets.
- Excellent retail fundamentals
- High population growth
- Market leading multifamily occupancy
- Accessible from across Houston
- Low maintenance investment
- Prime hard-corner location
- E-commerce resistant tenant