11880 Sam Houston Pkwy w - Retail FOR SALE


Houston, TX 77031- Greater Fondren Southwest
$2,600,000 USD
360-823-5111
11880 Sam Houston Pkwy w, Houston, TX for Sale
$2,600,000 USD
Retail - FOR SALE
1/8
null | 5% Cap Rate

11880 Sam Houston Pkwy w
Houston, TX 77031
Greater Fondren Southwest


OVERVIEW

MAJ Commercial Real Estate is pleased to offer a prime investment opportunity to acquire a Single Tenant NNN Leased Investment located in Houston, TX. The property is leased to Starbucks with a brand-new 10-year initial with a store opening day of March 10, 2025. The lease includes 10% base rent escalations every five years, including throughout the tenant’s option periods, providing a stable and increasing income stream. The Starbucks is situated in a prime location in Houston, TX, benefiting from excellent visibility and high traffic due to its proximity to major thoroughfares. This area boasts strong demographics, with a steady flow of commuters and residents, and is surrounded by a variety of retail, dining, and business establishments, making it an ideal spot for long-term commercial success. The accessibility to the Beltway 8 corridor enhances consistent customer traffic and growth.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$1,238 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

44,169 SF

ZONING

-

APN/PARCEL ID

1230110010001

ASK ABOUT THIS PROPERTY

Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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