Sport Clubs Signs SAR 116.6M Riyadh Gym Lease

Sport Clubs Company has signed a 20-year lease in Riyadh valued at SAR 116.63 million (excluding VAT) to expand its fitness facilities in the capital,

The leased building sits on King Abdulaziz Road in the King Salman District, occupying a site of roughly 5,200 square meters. The lease term begins on 1 June 2027 and runs through 31 May 2047.

The company plans to develop the property into an integrated men's sports center under its Body Masters – Premium brand. Alongside the fitness facilities, the project will include dedicated retail and office space, creating a multi-use destination for members and visitors.

Why it matters

The long-term commitment reflects continued growth in Saudi Arabia's fitness and wellness sector, particularly in fast-developing residential areas of Riyadh. A premium center of this scale is expected to add to the sports and lifestyle options available to residents in the King Salman District and surrounding neighborhoods.

The company confirmed that the lease agreement involves no related parties. No separate official fee or public-service charge applies beyond the announced lease value.

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