12003 Bammel North Houston Rd - Convenience Store FOR SALE
Houston, TX 77066 |
$6,836,259 USD
888-993-5344
12003 Bammel North Houston Rd
Houston, TX 77066
HIGHLIGHTS
- New 20 Year Absolute NNN Lease; 40 Years of Potential Remaining Lease Term; 2% Annual Rent Increases; Strong Lease Guaranty; Contact broker for detail
- Fee Simple; Land and Building Ownership; Qualifies for Bonus Depreciation (Consult with Your Tax Professional)
- Excellent Visibility and Access on Bammel North Houston Road; Over 29,000 Cars per Day
- Dense Infill Houston, TX Location; Over 326,000 Residents within 5 Miles; Population Expected to Grow at 6% Through 2030
- Transportation Fuel and Maintenance is the Highest Consumer Expenditure within 3 Miles; 28.4% of all Spending
- 30 Minute Drive to Downtown Houston; Income Tax Free State of Texas
FOR SALE DETAILS
PRICE
$6,836,259 USD
PRICE/SF
$1,244 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Abs. NNN Texaco | Houston MSA, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
ADD'L SUBTYPES
Freestanding, Service Station, Truck Stop
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.52 AC
LAND SF
22,634 SF
ZONING
-
APN/PARCEL ID
1280170010020
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888-993-5344
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