LA Fitness Richmond, TX
9.5 Years Remaining on Initial 15-Year Lease | Signature Club is the Premium Tier of LA Fitness
Marketing description
CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/LAFitness_Richmond
Investment highlights
Single-Tenant LA Fitness Signature Club:
Leased by Fitness International, LLC, the parent company of LA Fitness with 639 locations
Signature Club is the Premium Tier of LA Fitness
9.5 years remaining on 15-year initial lease
$1.50 PSF increases every 5 years (next increase is 7.9% in October 2030)
Ranked #1 on the “Most Successful Gyms in America”
Largest Full-Service Gym by Locations
Subsidiary of Fitness International, LLC, which also owns City Sports Club and Club Studio Fitness
Estimated 2025 revenue of $2.4 billion
#1 Most Trafficked Location in Houston; #2 in Texas in LA Fitness Chain; Top 4% Across All Chains (Placer.ai)
Located in Waterview Town Center, Anchored by Sprouts Farmers Market, At Home and Academy Sports + Outdoors
Epicenter of Retail at Intersection, Including Regional Traffic Draws Costco, H-E-B, Target, Burlington, Five Below, Hobby Lobby, Marshalls, Michaels, Old Navy, Petco, PetSmart, Rally House, Ross, Skecher, ULTA
Mid-Priced Fitness Centers, Such as LA Fitness, Experienced a 3.7% Growth in Total Visits in 2025
Located Immediately off TX-99
240,000 People with $135,000 AHHI in a 5-Mile Radius
Richmond is in Fort Bend County, the 7th Fastest-Growing County in the U.S.:
19% population growth since 2020
Population is expected to grow from current 958,000 residents to 2.25 million residents by 2050
Fort Bend is the #4 Richest County in Texas
Houston is the 4th Most Populous City in the U.S.
#10 “100 Best Cities to Live, Work and Visit” — Resonance (2024)
Energy Capital of the World; world’s leading center for every segment of the energy industry
Home to 24 Fortune 500 companies including Chevron, Sysco, and Waste Management; 3rd most in U.S.
#27 “Best Performing Cities” — Milken Institute (2025)
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