10225 S Highway 6 - Freestanding FOR SALE


Sugar Land, TX 77498- Huntington
$5,026,000 USD
415-274-2706
10225 S Highway 6, Sugar Land, TX for Sale
$5,026,000 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

10225 S Highway 6
Sugar Land, TX 77498
Huntington


HIGHLIGHTS

  • 15-year corporate lease featuring three, 5-year renewal options
  • 10% rental increases in each renewal option
  • Tenant has successfully operated at the site for 9+ years through multiple economic cycles
  • Hwy 6 location with direct exposure to 43,000+ vehicles per day
  • Dynamic retail corridor serves both Sugar Land and Missouri City markets
  • Neighboring retailers include: Home Depot, Aldi, Whataburger, CVS, Crash Champions

OVERVIEW

A corporate Pep Boys with 10% rental increases in each of the renewal options. The subject property is positioned on a dense retail corridor with high visibility and immediate access to Hwy 6 (43,340 VPD).

FOR SALE DETAILS

PRICE

$5,026,000 USD

PRICE/SF

$350 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pep Boys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C

APN/PARCEL ID

4279-00-001-0021-907

ASK ABOUT THIS PROPERTY

Justin StarkCP Partners CREMore Info
415-274-2706

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Justin StarkCP Partners CREMore Info
415-274-2706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.